Lafayette, La. (KADN) — One of the oldest remaining brick warehouses in Lafayette has been renovated into 15 one and two bedroom apartments specifically designed with local artists in mind. The project, called Studios at LWG, was developed by the Lafayette Public Trust Financing Authority as a way "to nurture Lafayette's creative human capital which can otherwise be lost when quality affordable housing is unavailable to emerging artist."
The Lafayette Wholesale Grocery warehouse was originally built in 1925. The renovations to the iconic downtown structure includes an art gallery, performance spaces, and much of the original structurally unique characteristics of the warehouse. The project is being funded through historic tax credits and HOME funds, which are grants provided through the US Dept. of Housing and Urban Development.
HOME funds provide affordable housing for low income individuals and families. The Studios at LWG will be leased on a yearly basis ranging from $490 to $775 a month. For more information on how to apply for the studios visit www.lptfa.org.