307 20th Avenue, La Grande, OR 97850
Thunderbird Apartments is a 40 unit HUD Section 8 family project located in La Grande, Oregon.
Thunderbird was built in 1978 and completely rehabilitated and recapitalized in 2006. The unit mix consists of 4 one bedroom, 20 two bedroom, and 16 three bedroom units.
The average income of the current households living at Thunderbird Apartments is less than 20% of the area median income and is currently less than $8,000 per year.
|OHCS Risk Sharing Loan||$1,200,000|
|Low Income Weatherization Program||$107,856|
|Housing Development Grant Program||$100,000|
|Total Project Costs||$1,844,856|
|Federal Rental Assistance Preserved|
|Total Original Units of Project Based Rental Assistance||40|
|Total "New" Units of Project Based Rental Assistance||0|
|Total Units of Project Based Rental Assistance Preserved||40|
|Total Value of Project Based Rental Assistance Over 30 Years|
(for Section 8 projects based on $5,581 per unit/per year in 2012 dollars)