“We shape our buildings, and afterwards our buildings shape us.” Winston Churchill
Stillwater Crossing is located in the Murphy Crossing Urban Renewal District on the south side of Bend. The project consists of 240 apartments and includes a splash pad, a modern clubhouse with flexible meeting space, a gym, a bike repair shop, two walking paths. The buildings and units are tastefully designed and 100% of the project is income restricted to residents earning up to 60% of the Area Median Income. The project was financed with tax exempt bonds, Low Income Housing Tax Credits, and also received affordable housing trust funds and Tax Increment Financing from the City of Bend and Market Cost Offset Funds from Oregon Housing And Community Services. Tyson O’Connell was the primary developer on the project.
FIRE TOWER APARTMENTS
Fire Tower Apartments is a 44 unit project located in the heart of downtown Helena. The project was originally constructed in 1981 as mixed income and market rate housing. In 2020, the project was purchased and rehabilitated by Wishcamper Development Partners and it is now 100% affordable with a Housing Assistance Payment Contract on 31 of the apartments. The project was financed with Low Income Housing Tax Credits, a Multifamily Coal Trust Loan, and National Housing Trust Funds. Tyson O’Connell was the primary developer who structured the financing and completed the project that provides critical affordable housing and revitalized a key part of downtown Helena.
This project was developed by Wishcamper Development Partners and includes 164 affordable apartments serving seniors and families earning 30%-70% of the Area Median Income. The project includes a clubhouse, fitness center, pet grooming station, bike repair shop, flexible community space and modern design. It also includes an equity plan and resident services tailored to serve the residents of the community.
Lincoln Tower is a 95-unit apartment complex located in Salt Lake City, UT, that serves low-income Seniors. The property contains 95 one-bedroom units. The property benefits from a Project-Based Section 8 Housing Assistance Payment (HAP) contract for 100% of the units. The preservation was financed with tax exempt bonds, Low Income Housing Tax Credits, Salt Lake Home Funds, and Salt Lake City Housing Trust Funds. Tyson O’Connell was the primary developer.