The owner of Brentwood Apartments says much work needs to be done for the complex, built more than half a century ago, to be a viable affordable housing option in Wichita moving forward. And it’s asking the City Council for a hand. On Tuesday, Virginia-based CRS Housing Preservation Inc. will request a letter of intent from the Council to issue industrial revenue bonds up to $23 million to finance the costs for Brentwood Place LP, a newly created entity tied to the organization, to purchase and renovate the 196-unit complex at 6602 E. Harry. The request also involves a sales tax exemption on construction materials.
Source: Wichita Business Journal
