We are pleased to announce the commencement of construction for Northwest Passage. Northwest Passage is a new construction multifamily apartment complex located just off Main Street in Donnelly, Idaho that will provide housing for 36 families. As planned, this 2 building complex will provide mixed income housing for residents of Valley County, including 32 Low…
We are pleased to announce the completion of construction of the Trailwinds Apartments, located in Garden City, Idaho. This is the culmination of our first development effort with VCD, LLC and is Northwest’s fourth new construction development project. The 64 units offered at this location provide much needed affordable housing inventory in the Boise-Nampa Metro…
We are pleased to announce the commencement of construction for Trailwinds Apartments. Trailwinds is a new construction project located at 417 E. 42nd Street in Garden City, Idaho that will provide housing for 64 families. This planned 3-story building with elevator and interior corridors will provide 57 Low Income Housing Tax Credit (“LIHTC”) units and…
We are pleased to announce the completion of rehabilitation of the High Valley Estates, located in Klamath Falls, Oregon. This is the 23rd project that we have successfully rehabilitated in the state of Oregon, and our 32nd rehab project overall. This preservation of 36 units subsidized by HUD will ensure this property remains in the…
We are pleased to announce the receipt of a $2,000 grant awarded to Northwest Real Estate Capital Corp. by The Bank of America Charitable Foundation. These funds were awared to assist in covering the cost of property reports for Coeur d’ Alene Manor Apartments. The property reports are a necessary component for a competitive 9%…
HUD has announced the fiscal year 2012 Resident Service Coordinator grants. NWRECC has been awarded a grant totaling $167,877 for Ridgeway, Riverside I, and Riverside II Apartments located in Reedsport, Oregon. This grant will allow NWRECC to hire a Resident Service Coordinator to assist our senior and disabled residents at these three properties by identifying…