PRINEVILLE, OR -- Prineville’s newest affordable housing complex celebrated its grand opening, Thursday morning. John Gilbert, with Pacific Crest Affordable Housing, says construction of Iron Horse Lodge is nearly complete. "We’re offering rents that are going to be affordable to low-income households. Ages are restricted to 55 and older. We’re going to have 26 apartments that we rent; the Department of Health and Human Services is also going to be putting some of their clients into the building." Rents are considered affordable for households earning 30%-50% of the Area Median Income for Crook County.
The complex is comprised of 22 one-bedroom units and four two-bedroom units. Gilbert tells KBND News those 26 apartments are already spoken for. "The need is actually more than what we expected it to be. But, we’re also not surprised that we’re fully leased up before completing construction." He says based on that demand, a waiting list has already started for an anticipated phase two.
"We’re offering a very environmentally sustainable building," Gilbert says. "The amount of energy the building will be using to house the 30 or so occupants will be way below what the code requires." Iron Horse Lodge is on Wayfinder Drive, northeast of downtown Prineville.