Lincoln City, OR
Beaver State Apartments, which is comprised of five properties, was recapitalized, consolidated, and rehabilitated in 2011 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, Beaver State Apartments offers families in Lincoln County at 60% or below the area median income one, two, and three-bedroom updated housing units (many with rental assistance) as well as on-site laundry facilities, playground, off-street parking, and attractive curb appeal with ample shopping, dining, and public transportations options nearby, as well as convenient beachfront access.