Highland View Apartments
800 North 15th, Elgin, OR 97850
Highland View Apartments is a 24 unit USDA Rural Development family project located in Elgin, Oregon.
Highland View was built in 1983 and completely rehabilitated and recapitalized in 2004. The unit mix consists of 4 one bedroom, 16 two bedroom, and 4 three bedroom units.
The average income of the current households living at Highland View Apartments is less than 20% of the area median income and is currently less than $10,300 per year.
|Loan - USDA RD||$706,055|
|Housing Development Grant Program||$100,000|
|Total Project Costs||$1,458,333|
|Federal Rental Assistance Preserved|
|Total Original Units of Project Based Rental Assistance||23|
|Total "New" Units of Project Based Rental Assistance||0|
|Total Units of Project Based Rental Assistance Preserved||23|
|Total Value of Project Based Rental Assistance Over 30 Years|
(for RD projects based on $4,565 per unit/per year in 2012 dollars)