Several years ago, Holman Place Apartments had a negative reputation in Hannibal as a place where the police often stopped to look into a disturbance or crime.
But following renovations made about four years ago through Section 42 Low-Income Housing Tax Credits (LIHTC), Hannibal Police officers have mentioned that the apartments are quiet and peaceful. Joe Marone, Vice President of Operations with Pioneer Property Management which operates Holman Place, said families who live there socialize in the new clubhouse, work in Hannibal and nearby communities and contribute in a variety of ways to Hannibal’s prosperity.
Marone said Platteville, Wisc.-based Pioneer Property Management works on projects in eight different states, and Missouri was the only one with a state Low Income Housing Tax Credit. He said it looked like the tax credits in Missouri could go away, according to information from the Missouri governor eliminating the program, but he said he and his colleagues are prepared for that scenario. There are a variety of funding options they can pursue at the city, county and state level when they embark on future projects like the renovations at Holman Place Apartments.
The recent efforts completely transformed the exterior and interior of the two- and three-bedroom income-based apartments on Holman Drive, including new carpeting and wood-look vinyl flooring, a refrigerator, stove and microwave for the kitchen, two on-site laundry areas, a clubhouse, a fitness area with a bike and an elliptical exercise machine and a common space with a DVD player and video game system. Marone said a new children’s playground was also constructed, and new community outreach opportunities benefitted families in the neighborhood.
Each summer, representatives from Douglass Community Services provide free lunches on weekdays for children who are staying at home. Marone noted this was a powerful example of the community coming together to make life better for everyone. He noted that affordable housing sometimes carries negative perception — he pointed out that almost all of the tenants work each day, and many pay their rent without an assistance voucher. He said the rent is income-dependent, based on a household income that falls between 30 and 60 percent of the median average income level.
Marone said he felt happy about the transformation at the Holman Place Apartments, noting the tenants who were patient during the renovation work and new tenants alike make it a thriving community and "an integral cog in Hannibal." He said the entire environment changed — from the buildings’ physical appearances to the behavior of tenants — reinforced by the positive comments he received from Hannibal Police officers.
"I think we’re very prideful of that project and how it turned out," Marone said.
He encouraged anyone who wished to learn more about the apartments or seek an application to visit www.holmanplaceapartments.com , which includes contact information, rent and income limits and other useful information. They can also be reached by phone at 573-221-5450.
Reach reporter Trevor McDonald at email@example.com