Community Housing Initiatives, Inc.CHI Project - Thornbury Way Apartments - Council Bluffs, Iowa













Winngate Village
102 Westgate Drive
Forest City, IA

Year Completed: 2001

Type: Multi-family, two story, new construction.

Population Base: rural community, residential neighborhood.

Number of Units: 16 two bedroom units in two buildings.

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

Special Features: All units benefit families at or below 60% of the AMI for Winnebago County.

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

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

Cost: $1,400,000

 

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