The Housing Authority of Champaign County has purchased a new residential building at 401 E. High St. in Urbana. The sale was made final on Feb. 28.

The building’s one-bedroom apartments and laundry facilities will be available to house low-income residents age 50 and older.

The purchase is the Housing Authority’s first property purchase since 1980 when the agency acquired Washington Square in Champaign.

“Our main goal is providing affordable housing for families in need,” said Ed Bland, executive director of the Housing Authority. “What we’re doing now is expanding our present inventory.”

The Housing Authority of Champaign County is a non-profit government entity and encourages tax-deductible donations from the general public. Individuals and organizations that make building, land, and cash donations may also be eligible for the Illinois Affordable Housing Tax Credit.