Clare Housing, an organization that provides housing for people living with HIV/AIDS, has shelved plans for a development in an old mattress factory next to Calumet Lofts in Northeast.
Lee Lewis, executive director of Clare Housing, said the organization failed to meet deadlines for funding and tax credits for the project planned for 115 5th St. NE. The nonprofit was looking at renovating the building, a tax-forfeited property, for 22 units of affordable housing.
"On this project, we ran out of time to build the partnerships we needed to have in place to complete the 22-unit project," Lewis said. "We are disappointed because we felt this was a good site but we are prepared to move on to another project site."
The Clare Housing proposal raised some red flags with residents at Calumet Lofts.
The board of directors for the condo association at Calumet Lofts, 127 5th St.NE, circulated a letter last week critical of the organization's plans, raising concerns about safety, "structural issues" in the building slated for redevelopment and the project's impact on neighborhood real estate values.
The board will be holding a meeting Wednesday at 7 p.m. in Calumet Lofts community room to discuss the future of the building and potential redevelopment opportunities.