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Business Report: $15M housing development coming to Scotlandville area

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The Banyan Foundation Inc., an Alabama-based nonprofit, is developing an affordable housing apartment complex on Elm Grove Garden Drive in the Scotlandville area. The organization filed $15 million permits for the complex Tuesday.

The Capstone at Scotlandville Apartments, which will replace the Elm Grove Apartments that were demolished in 2020, will be an affordable option for area residents, but will also offer supportive services for the apartments’ residents, including career development, financial literacy and family support…

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