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.



Sources
HOME
$646,300
Loan - USDA RD
$706,055
Housing Development Grant Program
$100,000
Owner Funds
$5,978
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)

$3,149,850