New affordable apartments open in McCall
A total of 36 new affordable homes were completed last week in McCall.
The project was the second phase of The Springs, a complex at 325 Valley Springs Road that now has 72 apartments. The size of these apartments ranges between studio and three-bedroom.
Rents vary according to size, with the least expensive studio apartments costing $405 a month and the most expensive three-bedroom unit running at $925 per month, according to an email from Maryann Marino of Tenacity Media.
The project should be a boon to McCall's workforce, which has found affordable housing increasingly scarce in recent years.
Optum Idaho, a healthcare company that manages outpatient benefits for Medicaid members and the state of Idaho, was the primary investor in The Springs' second phase, putting up $5.5 million of the project's $7.2 million total cost. Other contributors included the Idaho Housing and Finance Association and the U.S. Department of Agriculture. Valley County donated the land.
Sven Berg: 208-377-6275, @IDS_SvenBerg
This story was originally published July 26, 2016 at 2:06 PM with the headline "New affordable apartments open in McCall."