Three new homes built by the city of Davenport in an attempt to jump-start a neighborhood on East 6th Street will be open for tours on Saturday and Sunday.
The houses at 634 E. 6th., 646 E. 6th and 643 E. 6th will be open from 11 a.m. to 2 p.m. both days.
Each house in the development the city has dubbed Riverview on 6th will be available to qualified buyers for $110,000, based on appraisals, Heather Johnson, community development resources manager for the city of Davenport, said.
Because the homes' construction was supported by federal funds, would-be buyers must meet income guidelines. A single buyer must make at least $28,000 annually, but no more than $56,350. For a two-person household, annual income must not exceed $64,400 and for a family of four, it must not exceed $80,500.
The homes cost in the $200,000 range to build, but the gap between that and what they will sell for is a cost the city is willing to absorb to try to meet its goal of turning around the neighborhood, city officials have said.
The ultimate goal is to attract private investment, or the building of market-rate homes by private builders using conventional financing.
The city's concerted effort in this 6th Street area — plagued by abandoned homes, vacant lots and occasional crime — began in 2015-16 by clearing out dilapidated homes and building the first three of what now are six new homes in the area. Those first three have been sold and are occupied.
The city also replaced crumbling sidewalks and retaining walls, for a total investment, including the homes, of about $2.3 million, Johnson said.
As for the private investment, Davenport architect Andrew Dasso hopes to build three homes in the area, including one for his own family, beginning this spring.
In May, the Davenport City Council agreed to convey a 1.6-acre vacant parcel on the north side of 6th Street between Grand and Sylvan avenues to Dasso. The parcel has room for six homes.
Dasso would occupy one, a second would be built and occupied by another a young family, and a third would be built by Dasso "on spec." The remaining three lots would be offered for sale, bundled with Dasso-created home plans.
"We cleared the property last fall, clearing smaller trees and trimming the few existing in order for us to get a quick start this spring," Dasso said Wednesday.
Two reasons both the city and Dasso regard the area as prime for redevelopment are views of the Mississippi River and close proximity to other redevelopments, including the new residential/commercial spaces being built in the former Harbor View building off Federal Street and a new Scott County Family Y planned for the former W.G. Block property.