Redmond, OR. Housing Works is excited to announce the grand opening of a new affordable property in Redmond. On Wednesday, August 25th, beginning at 1:30 PM, Housing Works staff will gather with partners, sponsors, government representatives and community members to celebrate the grand opening of Canyon Edge. Canyon Edge provides 67 affordable, one, two and three-bedroom apartments with lots of natural light and modern amenities. The new community consists of 3 buildings located at 1575, 1600 and 1610 SW Reindeer Avenue, next to Reindeer Meadows Apartments. The affordable property is income-restricted to households making at or below 60% of the area median income (AMI). Twenty units are further subsidized to reach households making at or below 30% AMI.
Housing Works’ Executive Director David Brandt states, “As the affordable housing crisis in Central Oregon broadens and deepens, the urgent need to provide affordable options has become more compelling. These new homes are providing some relief for 67 low-income households in Redmond that are struggling with rising rental costs.”
Canyon Edge is made up of 3 three-story, craftsman-style buildings on two sites totaling 2.81 acres. The property includes two nicely furnished community rooms with exercise equipment for residents to use, a playground, and is located near the Dry Canyon walking trail and local businesses. The waiting list for the property, managed by EPIC Property Management, is now closed, and all 67 apartments are leased up and occupied.
The grand opening event will include speakers from local government and financial partners. After a ceremonial ribbon cutting, guests will be invited to tour the property and enjoy light refreshments. Members of the public are welcome to attend the event.
In addition to Housing Works, the development team included general contractor R&H Construction, Pinnacle Architecture, investor PNC Real Estate, lender Washington Federal and property manager EPIC. Canyon Edge was constructed using funds from Oregon Housing and Community Services’ LIFT Housing Program, 4% low income housing tax credits (LIHTC), and was built on land owned by Housing Works.