CHARLOTTESVILLE, Va. (WVIR) - Charlottesville Redevelopment and Housing Authority is close to getting major tax credits that it needs to overhaul two public housing sites.

On Monday, May 13, the committee spearheading the public housing face-lift says work could get underway as soon as the end of this year.

The tax credits aren't yet a done deal, but they would cover a major portion of the costs.

CRHA has to wait a few more weeks for the final decision.

The rest of the money will come from the city, grants, loans, and private donations.

"The first step is, you know, getting the tax credit because we need money," Joy Johnson, who’s on the redevelopment committee, said.

Those important tax credits could be approved in a few weeks, and they’ll cover between 50% and 60% of construction costs at Crescent Halls and South First Street.

"The preliminary results are just in, and they are very positive,” Dave Norris, CRHA’s redevelopment coordinator, said. “It looks like we will be approved."

Now, CRHA’s redevelopment committee is working to share updates on the improvements.

Crescent Halls will receive a top-to-bottom renovation.

Sixty-two new affordable housing units will be built on a vacant lot at South First Street before the main site is redeveloped.

"I'm excited about it because, you know, we've been talking about redevelopment for so long,” Johnson said.

CRHA will also hire liaisons who live in public housing units to get involved.

"They'll be the ones participating and training on urban design and master planning and redevelopment,” Norris said. “They'll be the ones that are actually going to be getting their neighbors involved in these master planning discussions."

The Crescent Halls update will cost about $17 million.

As for South First Street, the first part of the work will cost about $12 million.

The second phase won't start until 2021, and price has not yet been determined.

"This is not a top-down thing,” Norris said. “It has to come from the bottom up."

The biggest concern from those living in public housing is that they still have a place to call home once the redevelopment process begins.

Dave Norris says Charlottesville Redevelopment and Housing Authority will guarantee housing throughout the process.