Green Affordable Homes Coming to Utah
- Jul 30, 2015
Richfield, Utah—Enterprise Community Investment Inc. received a $5.7 million low-income housing tax credit to develop the Eagle View Townhomes, a 49-home affordable housing community in Richfield, Utah, which will meet Enterprise’s Green Communities Criteria, the first national framework for developing green affordable housing.
The Eagle View Townhomes will consist of 16 buildings, with 10 of the 49 homes earmarked for special-needs residents: three for survivors of domestic violence, two for farm laborers and five for homeless or near-homeless families.
“Maintaining the affordability of rural communities is a critical part of ending our nation’s housing insecurity crisis,” Raoul Moore, Enterprise’s SVP of syndication, said. “Thanks to the low-income housing tax credit, Eagle View Townhomes will benefit the entire community of Richfield by providing families with safe, stable, green homes located close to important neighborhood services.”
Eagle View Townhomes will consist of 12 two-bedroom, 29 three-bedroom and seven four-bedroom homes, plus an additional apartment for an on-site property manager, along with a community center and computer room.
Adams Construction and Management Company Inc. are the developer and co-manager, respectively, and Six County Community Housing Inc., will serve as the other co-manager and the services provider for the community.
The development is expected to be complete by the end of this year.
According to Moore, Enterprise’s generational goal is to end housing insecurity in the U.S., which means no more homelessness and no more families paying more than half of their income on housing. With this in mind, by 2020 Enterprise will help provide opportunity to one-million low-income families through quality affordable housing and connections to jobs, good schools, transit and health care.