Low-income lofts open in downtown

A new property designed to accommodate low-income adults who are either disabled or older than 54 opened in downtown Phoenix’s Roosevelt neighborhood Wednesday.

The Lofts at McKinley, on the northeastern corner of Fifth Avenue and McKinley Street, requires that its residents’ income is between $18,680 and $28,020 per year.

Phoenix officials say the developers built the 60-unit complex on the site of a vacant two-story office building that had become obsolete.

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