The Capitol View project would allow community stakeholders to buy in at an anticipated price of $10 per share
Rents would be restricted to affordable at 60 percent of area median income
Mercy Housing Southeast, a regional office of national affordable housing provider Mercy Housing, is developing the project
The 116-unit Madison at Reynoldstown project is expected to take 18 months to build
Developer PacificPoint Realty expects move-ins to begin no later than spring 2022
The project would extend the city's grid through three new Chosewood Park blocks
The property will eventually include a mix of about 10 tenants
The five-story Alta East community includes 38 workforce housing units
The development partners expect the project to finish in February 2023
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