Year Completed: Opening in 2004

Type: New construction of affordable multi-family rental townhomes.

Population Base: Urban, residential neighborhood.

Number of Units: 30 (two, three, and four bedroom units).

Amenities: Attached garages, on-site laundry, community building, central air, and appliances.

Special Features: All units benefit families at or below 60% of the AMI for Pottawattamie County.  A family social service plan will be administered by local professionals and available to tenants at no additional cost.

Development and Financing Resources: City of Council Bluffs HOME funds and tax abatement, state HOME loan, Low Income Housing Tax Credits, Enterprise Zone Credits, and conventional loans.

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

Cost: $2,800,000