Ridgemont Apartments was recapitalized and rehabilitated in 2007 with funding from the IRC Section 42 Low-Income Housing Tax Credit (LIHTC) program, USDA Rural Development, and other State Housing sources. Renovations included a major overhaul of the building exteriors, stairs and walkways, new windows, unit interiors, and accessibility and significant energy-efficiency improvements. With the affordability restrictions extended and secure, Ridgemont Apartments offers families in Deschutes County at 60% or below the area median income one and two-bedroom updated housing units (most with rental assistance) as well as on-site laundry facilities, playground, off-street parking, and attractive curb appeal, with plentiful shopping and dining options located nearby as well as multiple city parks and schools.