Year Completed:
2000
Type:
Preservation and adaptive re-use of a turn of the century commercial
office building into multi-family apartments.
Population Base:
urban, city commercial and residential neighborhood.
Number of Units:
25 one and two bedroom units.
Amenities:
locked entrance, parking, on-site laundry, appliances, central air.
Special Features:
All 25 units will benefit families at or below 60% of the Area Median
Income for Black Hawk County.
Development and Financing Resources:
city funds, state and federal loans, Federal Home Loan Bank, Low
Income Housing Tax Credits, Historic Tax Credits, conventional loans.
CHI, Inc.:
Developer, general partner, property management
Cost:
$2,812,859 |