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| North Main Street and East First Avenue, Hutchison, KS |
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| Greg Hand |
HUTCHINSON, KS – WNC, a national investor in real estate and
community development initiatives, announced that the renovation of the
historic Wiley Building, including the development of 40 affordable
housing units, is complete.
WNC provided $7.5 million in low-income housing tax credit
(LIHTC) equity to fund the adaptive reuse of the building, originally
constructed more than 100 years ago.
Reintroduced as Wiley Plaza, the property is comprised of
ground-floor and mezzanine retail space, five floors of affordable housing
units, and two floors, plus a penthouse, of market rate apartments. Wiley Plaza
also includes a new multi-level parking garage with 104 parking spaces.
Wiley Plaza’s one-, two- and three-bedroom affordable
housing units are open to individuals and families. Common amenities of the
elevator-equipped building include on-site management, a community room,
fitness center, computer center, elevators and security cameras.
Located at the intersection of North Main Street and East
First Avenue, the eight-story building was originally built in 1913 and was
expanded twice in the 1930s.
For a complete copy of the company’s news release, please contact:
Julie Leber
Account Manager
Spotlight Marketing Communications
18101 Von Karman Avenue, Suite 330
Irvine CA 92612
949-427-5172, ext. 703
509-338-5676 - cell
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