Old Walnut Apartments
Grand Island, NE
Completion 2005
Old Walnut was the conversion of the former Walnut High School into nearly 90 affordable apartment units with commercial supportive service space for non-profit use. The project was originally financed with both historic and low income tax credits, resulting in the preservation of many distinct property features, including the original theater space which was repurposed as a shared community amenity.
Details
89 Affordable Rental Apartments with a mix of Studio, 1 and 2 bedroom layouts with additional commercial space and community garden
Architecture & Design
Design Associates of Lincoln
Financing
9% LIHTC CRANE, Historic Tax Credits, and tax increment financing