Community Housing Initiatives, Inc.CHI Project - Timberland Ridge Apartments - Davenport, Iowa













Maplecrest Apartments
2117/2205 Central Avenue
Hawarden, IA
Maplecrest Apartments - Hawarden, Iowa Maplecrest Apartments - Hawarden, Iowa Maplecrest Apartments - Hawarden, Iowa

Year Completed: 1999

Type: Multi-family, garden style, new construction.

Population Base: rural, small community.

Number of Units: 16 (12 two bedroom, 4 three bedroom).

Amenities: garages, parking, on-site laundry, appliances, and central air.

Special Features: All units benefit families at 60% or below the AMI for Sioux County.  Referral services are designed to strengthen children and families.

Development and Financing Resources: state and federal loans, Federal Home Loan Bank, Low Income Housing Tax Credits, conventional loans.

CHI, Inc.: Co-developer, co-general partner, property management

Cost: $1,276,500

 

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