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(KSL News) -- A historic school in Provo is getting a new lease on life and will help several seniors have affordable housing.
The Maesar school was slated for demolition, but thanks to a 1.29 million dollar contribution this afternoon, the school will become part of a housing project to benefit senior citizens. When finished the school building will feature 32 apartments for seniors.
City officials say the project is a win-win situation, preserving history and improving the city's future.
Mayor Lewis Billings: "This is a day to congratulate all of Provo because we have saved, by what you've done, an important part of our past."
The money comes from a financial partnership that is designed to start the project and to help find more money.
City officials hope the project will help revitalize the entire neighborhood.