Boston Capital is investing in the construction of a new
affordable housing community in Garden City, Idaho, just outside of Boise. Northwest Real Estate Capital Corp. and VCD are building the 64-unit Trailwinds Apartments with the help of low-income housing tax credit (LIHTC) equity.
The development will serve families and individuals earning 60 percent or less of the area median income. Fifteen units will be set aside for families with disabilities, five units will be equipped for individuals with physical disabilities, and two units will be equipped for individuals with sensory impairment.
Supportive services will be provided by the Boys and Girls Club, El-Ada, Booth Family Care Center, SANE Solutions, and the Women’s and Children’s Alliance. The development also will include a community center, a computer study room, an exercise room, a picnic area, and a playground.
Boston Capital says the construction of The Trailwinds, which started in September and is expected to be completed in August, will generate nearly $6.9 million in local salaries to create nearly 72 new jobs. To date, the LIHTC syndicator has invested in more than 400 affordable apartments in Idaho.