PEORIA, Ill. -- The East Bluff neighborhood in Peoria is getting a $2 million boost for new construction and rehabilitation.
The money comes from a $70 million National Foreclosure Settlement given to the state of Illinois.
There will be a total of 14 new homes -- ten renovated and four new construction; at a cost of about $1 million.
Eight rental duplexes for people with disabilities will also be built; costing an additional $1 million.
Officials say this money will repair some of the damage done by years of foreclosure in the East Bluff neighborhood and is a tremendous jump start for the area.
"When you look at the population of people who work downtown and the average commute. If we can have some housing available for them that's attractive, in a safe neighborhood, with a new school. That's just the beginning of what this neighborhood can become again," said Tim Riggenbach, Peoria's 3rd District councilman.
The planning and zoning commission is expected to approve zoning changes for the duplexes at a meeting tomorrow.
Those are expected to be built this year on Missouri, Indiana, New York, Ravine and Peoria Avenues and on LaSalle Street.
Locations and a timeline for the houses are still unknown.