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













Northwood Court
1051-1089 2nd Avenue NE
Sioux Center, IA
Northwood Court - Sioux Center, Iowa Northwood Court - Sioux Center, Iowa

Year Completed: 1999

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

Population Base: rural, small community.

Number of Units: 20 units in two buildings (16 two bedroom, 4 three bedroom).

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

Special Features: All units benefit families at or below 60% of the AMI for Sioux County.  Landscaped open space located near services and shopping.

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

CHI, Inc.: Co-developer, general partner with Mid-Sioux Opportunity, property management

Cost: $1,589,000

 

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