Peoria council to consider apartment complex sale battle

Editor’s note: This story was revised on April 1 to correct a misspelling in Mark Slover’s name.

A California-based company’s proposal to buy a Peoria apartment complex and transform it into affordable housing units is drawing concern from neighbors, a school leader and city officials. 

Integrity Housing is seeking to spend up to $65 million to buy the 304-unit complex at 2401 Alta Road.

But Mark Slover, who lives nearby, says there’s no need to make changes in the apartments that are already near capacity, and worries about whether current residents could be driven out thus lowering property taxes paid. 

And Dunlap School Board President Abby Humbles said the board, which hasn’t taken a stance on the sale, is trying to determine if a not-for-profit owner could affect hundreds of thousands of dollars of property tax revenue for the district.