Woodbury Ridge Year Completed: 2002 Type: new construction of multi-family apartments in two buildings constructed in a residential neighborhood.. Population Base: small community located in a metropolitan area. Number of Units: 12 one, two, and three bedroom units. Amenities: garages, window coverings, on-site laundry, appliances, central air, and landscaping. Special Features: All units will benefit tenants at or below 60% of the Area Median Income for Woodbury County. Development and Financing Resources: city tax abatement, state and federal loans, Low Income Housing Tax Credits, conventional loans. CHI, Inc.: Developer, general partner, property management Cost: $1,125,000
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