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2003-08-30 Media Release  



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Date: August 30, 2003

Contact:  Brandon Laster, 816-759-6692

Sunset Villas provides affordable housing for seniors in Monett

The newly renovated Sunset Villa Apartments was officially opened in a grand opening ceremony Aug. 27 in Monett. In cutting the ribbon to open the 52-unit apartment complex, Lt. Governor Joe Maxwell told a large crowd of community leaders and Monett Chamber of Commerce members that the apartments are what is needed and deserved by seniors living in Monett.

“We owe our seniors a debt of gratitude for the sacrifices they made to shape our world,” said Lt. Gov. Maxwell, who serves as an MHDC Commissioner and the State of Missouri’s senior advocate. “They deserve safe, clean affordable housing and what has been done here is deserving of praise. It is a fine facility that will provide housing for seniors for years to come.”

Red-Wood Development of Joplin, Missouri, purchased and renovated the old FHA property, formerly called Monett Meadows. MHDC financing includes a $190,000 HOME loan at 1 percent for 30 years and $142,091 federal and state Rental Housing Tax Credits. Arvest Bank is also involved in the financing of the complex.



NOTE TO EDITORS: Media representative questions can be directed to Brandon Laster, Public Information Officer, at 816.759.6692 or e-mail blaster@mhdc.com.








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