News
July 1, 2008
Seniors housing planned in Putnam
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A Charleston developer plans to start building an affordable housing complex for senior citizens in Hurricane this fall. 

Pison Development will build 48 units on 1.5 acres near the city's new City National Bank, said Bill Turner, president of Pison.

Developers chose to build in Hurricane because it lies midway between Charleston and Huntington, Turner said.

"[A market study] showed that there was a great need for elderly housing in the area," he said.

People ages 55 and older who meet certain income requirements will be able to live there, Turner said. The project is funded in part by the West Virginia Housing Development Fund.

A one-bedroom rental is projected to cost $475 a month; a two-bedroom, $575.

In 2005, Pison partnered with the Charleston's Religious Coalition for Community Renewal to develop Knollview Village Apartments in St. Albans, another 48-unit apartment building for low-income seniors.

That building has won awards for its design and amenities, Turner said. Twenty people are currently on a waiting list to live there.

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