Apartments for seniors are quickly being leased at a newly built complex along lower Salem Avenue.
Construction just finished on Audubon Crossing, but only 15 of the 50 units were still available as of Friday afternoon.
The affordable housing community cost about $9.6 million to develop, according to the Ohio Housing Finance Agency, which awarded tax credits toward the project. The apartments were developed by Woda Cooper Companies and Greater Dayton Premier Management.
Audubon Crossing is part of the redevelopment of the surrounding neighborhood, which also includes the construction of new single-family homes and duplexes. A ribbon cutting was held Friday morning for the apartments.
At 119 Edgewood Ave., Audubon Crossing is a block away from where Gem City Market, a co-op grocery store, is planned.
Karen Bernick, communications director for Woda Cooper Companies, said the apartments are energy efficient and residents can expect very low utility costs.
The first renters could start moving in before Christmas, Bernick said.
The one-bedroom apartments at Audubon Crossing are already spoken for. The two bedrooms that are still available are renting to people 55 and older who make 60 percent of the area median income or less.
Some of the one-bedroom apartments are public housing set aside for Greater Dayton Premier Management.