The Huntsville City Council approved $4.73 million in federal funding to support the redevelopment of Huntsville Summit Apartments, which will be called Meridian Commons,
The more than $22 million project will create 100 affordable rental units for low-income seniors and disabled residents. The money approved by the council will come from federal Emergency Rental Assistance 2 (ERA2) funds.
The redevelopment is also being made possible through $14.4 million in financing from Redstone Federal Credit Union. The apartments are located at 111 Walker Avenue in northeast Huntsville…