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













Parkview Apartments - Sibley, Iowa Parkview Apartments - Sibley, Iowa Parkview Apartments - Sibley, Iowa
Parkview Apartments

230 11th Street West
Sibley, IA

Year Completed: 1995

Type: elderly, garden style, new construction.

Population Base: rural community, residential neighborhood.

Number of Units: 16 (6 two bedroom, 10 one bedroom).

Amenities: garages, parking, community room, central air, appliances.

Special Features: Occupancy limited to tenants 55 years of age and older.  All units benefit tenants at or below 60% of the Area Median Income for Osceola County.

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

CHI, Inc.: Developer, general partner, property management

Cost: $984,866

 

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