The Ridgeway Hotel has been converted from 58 rooms with no kitchen or bathroom to 22 complete, low-income housing studios.
Ali Youssefi with CFY Development owns the building and says the Ridgeway Studios renovation cost a little less than seven-million dollars.
"This was a 100-year old building that needed quite a bit of retrofitting and upgrades," Youssefi said. "We essentially replaced all of the mechanical, electrical, and plumbing systems in the building. It was a full-gut rehabilitation."
Depending on eligibility, low-income tenants will pay as much as $460 a month and must pass a background check.
A private company has been contracted to provide tenants ten hours of life and job skills training, education and supportive services each week.