Regions West | Seattle/Portland
May 30, 2008
Tualatin Valley Housing Partners, Enterprise Community Investment Inc., and project partners announced the grand opening of Merlo Station Apartments, a community of 128 new apartments for families earning 60 percent or less of area median income in Beaverton, Oregon. The development was created on 4.3 acres of land formerly owned by TriMet and is one block from the Merlo Station MAX light rail station and the Tualatin Hills Park and Recreation District nature park. The development received financing from a variety of sources. The project also received predevelopment grants from Washington County Community Development and Home Depot, as well as predevelopment loans from the Federal Home Loan Bank and the Community Housing Fund. TriMet provided a discount on the land price.
Tualatin Valley Housing Partners, Enterprise Community Investment Inc., and project partners announced the grand opening of Merlo Station Apartments, a community of 128 new apartments for families earning 60 percent or less of area median income in Beaverton, Oregon. The development was created on 4.3 acres of land formerly owned by TriMet and is one block from the Merlo Station MAX light rail station and the Tualatin Hills Park and Recreation District nature park. The development received financing from a variety of sources. The project also received predevelopment grants from Washington County Community Development and Home Depot, as well as predevelopment loans from the Federal Home Loan Bank and the Community Housing Fund. TriMet provided a discount on the land price.
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