The affordable housing development rising near the Verona Community Center now has a name and, perhaps more importantly, a way to register to live there.
The development is being called Verona Flats, and there are details on the amenities and floor plans for its apartments, which will range from one to three bedrooms in size.
According to the website created by the developer, Conifer Realty LLC, the rent for a 1 bedroom, 1 bathroom apartment will range from $945 to $1,160 a month. The two bedroom, 1 bathroom apartments will cost between $678 and $1,389 a month, while the three-bedroom units, which will have 2 bathrooms, will be from $761 to $1,583 a month. The apartments will be in three low-rise buildings on the site of the former Cameco meat-packing plant on the west side of Verona.
There will be income restrictions on applicants, but the website does not specify what they are. The units were approved to meet Verona’s affordable housing quota. Affordable housing means a residence that a household can afford by paying 30% of its income or less on rent or a mortgage. It is not Section 8 housing, which is geared to extremely low-income people and supported by federal government vouchers.
Conifer Realty recently advised Verona officials that the first building will be complete in August 2024, the second in November 2024 and the third in January 2025.