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Community Housing Initiatives, a Spencer-based nonprofit developer of affordable housing, will soon break ground on renovations at Spencer Manor Apartments. Spencer Manor offers rental assistance serving people ages 62+ as well as qualified people with disabilities in Spencer, Iowa. CHI will invest more than $6.5 million to update the 52-unit property. The property includes 14…
Category Archives: In Development
Apr
04
2019
The Iowa Finance Authority on Wednesday awarded housing tax credits to Spencer Manor, a 52 apartment independent senior living community in Spencer, Iowa. Following this award, Community Housing Initiatives (CHI), a Spencer-based nonprofit that acquired the property in 2015 will complete a major renovation there. Work at Spencer Manor will begin next year after CHI…
May
31
2018
SPENCER, IA — U.S. Congressman Steve King, local officials, supporters and residents of Sunset Apartments gathered Wednesday to mark the start of renovations to the affordable senior living property that Community Housing Initiatives, a Spencer-based nonprofit, acquired last month. Currently known as Sunset Retirement Home, this property has been a critical housing resource for Clay…
Mar
14
2018
The Iowa Finance Authority on March 14 announced it has allocated $266,087 in annual Housing Tax Credits to Community Housing Initiatives, Inc. (CHI) to acquire and renovate North Bay Apartments in Fairfield. Construction will take place in 2019. When renovations are complete, the property will offer 24 rent-assisted two and three bedroom apartments and townhomes.…
Mar
14
2018
The Iowa Finance Authority on March 14 announced it has allocated $453,446 in annual Housing Tax Credits to Community Housing Initiatives, Inc. (CHI) to acquire and renovate Penn Oaks Apartments in North Liberty. The project also received a loan from the Housing Trust Fund of Johnson County. Tracey Achenbach, the trust fund’s executive director, said…
Sep
12
2017
Court View Apartments, located at 2200 Court Street in Sioux City, will receive major updates under the terms of a new agreement reached with the Iowa Finance Authority. Apartments will receive new windows, flooring, paint, and energy efficient appliances as well as in-unit laundry, a resident favorite. The decision is a change in fortune for…
Jun
23
2017
Serving communities statewide, CHI remains committed to Northwest Iowa Staff assembled little free libraries which will be placed at CHI apartment communities to allow anyone who wishes to take or leave a book. It is part family reunion, part training seminar, and part service event as 33 staff of Community Housing Initiatives converge on Spencer…
May
26
2017
Event offers opportunity to learn about plans for artist apartments, share memories of historic school Community Housing Initiatives, the nonprofit responsible for converting West Des Moines historic Phenix Elementary to mixed-income artist apartments, has announced an open house at the property Monday, June 12, from 4 to 7 pm. “With this event, we are also…
Jan
12
2017
Picture it: Community leaders and neighbors gather at Phenix Elementary in West Des Moines to hail the public-private partnership that saved a historic school. A community takes pride in the fact that one of its landmark buildings is protected for another generation, and hundreds of area residents pack the building for a first look inside.…
Jan
09
2017
At its regularly scheduled meeting January 6, the Polk County Housing Trust Fund's board of directors unanimously expressed its support for the conversion of the former Phenix Elementary School in West Des Moines into 17 high quality apartments for artists. In its letter, the board wrote, in part: "Overall, we firmly believe that CHI’s proposal…