Apartment Choice

A state tax credit that is helping riverside restorations of historic properties in Aurora and Elgin now is set to last through 2021 after Gov. Bruce Rauner approved an extension Friday afternoon . The River Edge Redevelopment Zone Historic Tax Credit program had been set to expire Dec. 31 after lawmakers last year granted it a one- year extension . advertisement But Rauner, while visiting Aurora University on Friday, signed a bill sponsored by several suburban legislators to keep it going another four years. Aurora officials said Mayor Richard Irvin had lobbied for the bill in Springfield and welcomed the signing of it as positive economic news for the city. In the City of Lights, the tax credit has given $3 million toward a $20 million project to revamp the former St. Charles Hospital into senior housing. Officials might also use it to turn the Hotel Arthur and Stanley Furniture buildings into...

Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...