For the first time in 30 years, Cleveland has opened the doors to a new development in Slavic Village, one the oldest neighborhoods in city.
At the 5115 at the Rising, there are 78 affordable apartments along with 10 townhomes, a fitness center and a community area. The University Settlement, a nonprofit organization, will also have its offices inside along with a food bank and Tri-C center.
One of the most important and impactful pieces about the project is that rents will be between 30% and 60% of the area's median income. That helps with housing, especially in the Slavic village area, where the community faces lead-poisoned homes and a struggle to find affordable living. “So we are at we are actively pursuing additional phases. The 2,000 inquiries here just show there's such a need,” said Skinner.
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