October 2nd, 2008
NWRECC/Tamarack Merger
We are pleased to announce the acquisition/merger of Northwest Real Estate Capital Corp. and Tamarack Property Management Company Headquartered in Billings Montana.
Tamarack Property Management Company has been in existence for over 20 years and is a well respected property management company operating in Montana, Utah, and Wyoming. Tamarack fee manages affordable housing, including HUD, RD and tax credit along with conventional and commercial properties.
September 26th, 2008
Wylie Street Neighborhood Network Grand Opening
Wylie Street Station opens its computer center. The largest Neighborhood Network in the State of Idaho, the computer center will have 7 computers all connected to the internet. It will be staffed with a center director to work with our residents to help them develop skills that will help them to become self-sufficient. Internet classes will also be offered at the center.
January 9th, 2008
Residents Get Financially Fit in 2008
NWRECC and Wells Fargo Launch Financial Education Programs
Residents In Alaska, Oregon and Idaho will be getting financially fit this new year, as they learn money skills they need for life through a program called “Hands on Banking’ provided by Wells Fargo. This free program provides classes for Kids (4th-5th grade), Teens (6th-8th grade), Young Adults, and Adults.
The program is designed to improve knowledge of budgeting, importance of saving, bank accounts, maintaining good credit, how to be a smart shopper, how to afford a higher education, buying a home, and starting a small business . The residents will receive a certificate of completion after successfully passing each course.
While the parents are busy learning, young children are given special activity guides and coloring books. The booklet presents the first steps in introducing children to concepts related to money and finance, including needs vs. wants, and saving over a period of time. There are also activities to help young children learn to indentify currency, to commute the value of combinations of coins and to use currency to make purchases.
Senior and disabled residents are learning safety tips to avoid financial abuse, avoid identity theft, and recognize predatory lender and investment scams. Local community agencies are providing education on home care, nutrition, health and disease prevention.
Stay tuned for the schedule dates starting in late January!
January 2nd, 2008
The November 2007 Novogradac LIHTC Monthly Report featured an article detailing our Oregon Rehab project. You can read the full article in pdf format here.
July 25th, 2007
A new version of the website http://www.nwrecc.org/ has been launched. The site features a redesigned layout and color scheme, the addition of the Northwest Real Estate Capital Mission Statement, and some improved search features with Google Maps integration. In addition the relevant links have been expanded to include the AMHA organizations that NWRECC is affiliated with and also IdahoHousingSearch.com.
April 23rd, 2007
NWRECC was recently awarded a three year Service Coordinator Grant for $125,148.00 for Burrell Street Station. This grant will allow NWRECC to hire a service coordinator. Our new Service Coordinator will be starting on April 30!
NWRECC is currently developing Resident Service Plans and Management Plans for the Oregon properties that are in conjunction with the OHCS LIHTC financing applications. Each plan will be different for each property focusing specifically on developing strong foundations and comprehensive strategies that address the multiple barriers our residents face and develop programs for them in order to assist in navigating their way to better opportunities and self-sufficiency.
Later this year we hope to establish our first neighborhood network center to be developed here in Boise.