Pioneer and Peaceful Haven Tax Credit Rehab
Project Name: Pioneer and Peaceful Haven
Location: Dickinson, ND
Consisting of 106 units, Pioneer and Peaceful Haven is a garden style property reserved for the elderly located in Dickinson, ND, in which approximately 75% of the units are the beneficiaries of a project based Section 8 HAP contract. In 2011, CCI was awarded a 9% allocation of tax credits that allowed a full renovation of this property, thereby ensuring its physical and affordable preservation for the long term. In a time of substantial economic growth for the state due to the oil industry, many longtime residents were forced out of their homes due to overnight cost of living increases. This transaction insured that affordable housing, regardless of a growing or shrinking economy, was preserved for the elderly residents of Dickinson.
Before and After Construction Photos Coming!
Units
106
Use
Elderly Housing
Category
9% LIHTC rehab, Section 8
Construction Type
One-story, vinyl siding and brick
Year of Completion
2011
Status
Leased/Accepting Resident Applications