Home / News / Bakken News / New Affordable Housing Units in Sydney, MT
sidney

New Affordable Housing Units in Sydney, MT

By Bill Vander Weele Sidney Herald

Progress is being made for Sidney to have three new 12-plex housing buildings under the Low Income Housing Tax Credit program. The Sunset Village housing project is co-sponsored by the Richland County Housing Authority and Mountain Plains Equity Group of Billings.

Paul Groshart, executive director for Richland Housing, visited with Richland County commissioners about the project Wednesday morning. Housing Tax Credits will cover $4.3 million of the project’s costs.

Groshart talked to commissioners about the county’s role in order to receive $750,000 in HOME funds which are awarded by the Montana Department of Commerce’s Housing Division. Groshart explained HOME requires an environmental review which will involve the county’s Public Works Department. Previous HOME grants were used in Richland County for the construction of three homes near Lyndale Park in 1996, the acquisition of Crestwood Inn in 2001 and the acquisition Lincoln-Big Sky Apartments in 2006.

Commissioners said they are in favor of doing all they can for the project.

The project, to be located at Sixth Street SW and 11th Avenue SW, will replace 60-year-old units. There will be a net gain of eight apartments. Sunset Village will offer 1-, 2-, 3- and 4-bedroom units, as well as a community room, playground and community garden. The apartments will be available for rent to individuals and families of low to moderate-income levels.

Groshart is hoping construction will begin in June or July.

In Montana, the federal Housing Tax Credit program enables the development of approximately 150 units of affordable housing each year. Since 1986, there have been 6,497 units added to Montana’s inventory of affordable housing, helping families and communities across the state.

editor@sidneyherald.com

Original Link , Via The Williston Wire

Leave a Reply

Your email address will not be published. Required fields are marked *

*