Category Archives: In Development

Information about apartment communities that are coming soon.

Spencer Manor funding announcement is a second huge win for Spencer seniors

The Iowa Finance Authority on Wednesday awarded housing tax credits to Spencer Manor, a 52 apartment independent senior living community in Spencer, Iowa. Following this award, Community Housing Initiatives (CHI), a Spencer-based nonprofit that acquired the property in 2015 will complete a major renovation there. Work at Spencer Manor will begin next year after CHI…

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Groundbreaking ceremony marks start of renovations at Sunset Apartments

SPENCER, IA — U.S. Congressman Steve King, local officials, supporters and residents of Sunset Apartments gathered Wednesday to mark the start of renovations to the affordable senior living property that Community Housing Initiatives, a Spencer-based nonprofit, acquired last month. Currently known as Sunset Retirement Home, this property has been a critical housing resource for Clay…

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Iowa Finance Authority awards housing tax credits to renovate North Bay Apartments in Fairfield

The Iowa Finance Authority on March 14 announced it has allocated $266,087 in annual Housing Tax Credits to Community Housing Initiatives, Inc. (CHI) to acquire and renovate North Bay Apartments in Fairfield. Construction will take place in 2019. When renovations are complete, the property will offer 24 rent-assisted two and three bedroom apartments and townhomes.…

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Iowa Finance Authority awards housing tax credits to renovate Penn Oaks Apartments in North Liberty

The Iowa Finance Authority on March 14 announced it has allocated $453,446 in annual Housing Tax Credits to Community Housing Initiatives, Inc. (CHI) to acquire and renovate Penn Oaks Apartments in North Liberty. The project also received a loan from the Housing Trust Fund of Johnson County. Tracey Achenbach, the trust fund’s executive director, said…

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Court View Apartments in Sioux City will recieve significant updates in renovation

Court View Apartments, located at 2200 Court Street in Sioux City, will receive major updates under the terms of a new agreement reached with the Iowa Finance Authority.  Apartments will receive new windows, flooring, paint, and energy efficient appliances as well as in-unit laundry, a resident favorite. The decision is a change in fortune for…

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Service activities highlight Community Housing Initiatives continued commitment to Spencer

Serving communities statewide, CHI remains committed to Northwest Iowa Staff assembled little free libraries which will be placed at CHI apartment communities to allow anyone who wishes to take or leave a book. It is part family reunion, part training seminar, and part service event as 33 staff of Community Housing Initiatives converge on Spencer…

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Pre-construction open house planned for West Des Moines Phenix Elementary

Event offers opportunity to learn about plans for artist apartments, share memories of historic school Community Housing Initiatives, the nonprofit responsible for converting West Des Moines historic Phenix Elementary to mixed-income artist apartments, has announced an open house at the property Monday, June 12, from 4 to 7 pm. “With this event, we are also…

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When it’s about more than just preserving a building

Picture it: Community leaders and neighbors gather at Phenix Elementary in West Des Moines to hail the public-private partnership that saved a historic school. A community takes pride in the fact that one of its landmark buildings is protected for another generation, and hundreds of area residents pack the building for a first look inside.…

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Applications accepted for Southern Pointe Apartments in Spencer starting Nov. 1

Staff of Community Housing Initiatives (CHI) are preparing to accept applications for residency at Southern Pointe Apartments, a new apartment community located at 902 13th St. SW in Spencer beginning November 1. Currently under construction, these 30 new apartments and townhomes will all be available for move in by December, according to Community Housing Initiatives,…

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