HAILEY, IDAHO JULY 5, 2011 – ARCH COMMUNITY HOUSING TRUST in partnership with NEW BEGINNINGS HOUSING and AUTUMN GOLD SENIOR SERVICES announces that the ribbon cutting has been scheduled for the much anticipated RIVER STREET SENIOR COMMUNITY located at 731 North River Street in Hailey. Held on location at 12:30 pm on July 11th, 2012, this event will be a celebration of aging in place for our senior population – the fastest growing sector of our community and the nation.
RIVER STREET is a much needed community asset. The apartment provides 24 rental units for low income senior households aged 55 and older earning income at or below 60% of the area median income. At 690 and 900 square feet for 1 and 2 bedrooms respectively, the units are well designed to suit the needs and lifestyles of seniors. Building amenities both inside and out are first rate and we look forward to showing them to the community.
“We receive calls weekly about this property,” states Michelle Griffith, Executive Director of ARCH. “We are proud of the public private partnership which allowed us to move forward with RIVER STREET. Griffith continues. THE RIVER STREET SENIOR COMMUNITY would not have been made possible without the generosity of CITY OF HAILEY and the DEVELOPERS OF SWEETWATER. Financing has been provided by Idaho Housing Finance Association and National Equity Fund Inc. together with grants from three local families.