Redmond receive funds for new, existing affordable housing developments
Published 12:00 pm Tuesday, April 9, 2024
- A rendering contained in the agenda of the Housing Stability Council that accompanied the entry for Nine Peaks, a planned development in Bend.
Affordable housing developments in three Deschutes County cities — including Redmond — are set to receive millions of dollars from Oregon Housing and Community Services, the state’s housing department.
The Majestic Gardens Apartments, with 66 units scattered across Redmond, Veneta, Harrisburg and Junction City, received $5.7 million to preserve those locations. The funds and the work will be overseen by Enterprise-based developer Chrisman Development Inc.
New apartment buildings in Bend and La Pine and a project with existing units in Redmond received nearly $20 million combined of the more than $40 million doled out across the state, the department announced Monday. The funding came from a combination of federal and state sources.
A private affordable housing developer received $4.1 million to build a new 39-unit affordable apartment complex in La Pine for extremely low-income families and veterans. The developer is Bend-based nonprofit Foundation for Affordable Housing Inc. It has senior and low-income apartment complexes across the country, but the new building in La Pine will be its first in Central Oregon, according to its website. It will be called Wickiup Station Apartments.
Bend received the largest award in the state, with $10 million for a new 45-unit apartment complex by Housing Works, the regional public housing authority. It will be called Nine Peaks, and people with disabilities, seniors and families will be prioritized. All units will be restricted to people who make no more than 50% of area median income, which is about $47,600 per year for a four-person household, according to application materials.
541-633-2160, akaminski@bendbulletin.com