Evergreen Meadows

110 Peterson Dr.

PEOSTA, IA 52068

Affordable Housing Apartments For Family

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Contact information

Property phone: (563) 556-5013

Contact phone: (563) 556-5013

Website: https://eirha.org/

Housing details

Property type: Affordable Housing Apartments

Population served: Family

Bedrooms available: 10 Two Bedroom Units, 11 Three Bedroom Units, 3 Four Bedroom Units

Total units: 24

Details: In March 2003, the Eastern Iowa Regional Housing Corporation (EIRHC) was awarded $2.64 million in Low Income Housing Tax Credits (LIHTC) from the Iowa Finance Authority (IFA) and HOME funds from the Iowa Department of Economic Development to construct a 24 unit 2, 3, and 4 bedroom housing development for low to moderate income households at 110 Peterson Drive, Peosta, Iowa. A new for-profit entity was formed as a subsidiary of EIRHC, the Eastern Iowa Regional Partnership, LLLP, to act as the General Partner in the housing project. A for-profit entity, the Eastern Iowa Development Corporation (formerly known as Evergreen Meadows, Inc.), was also developed and is a wholly owned tenant occupying the units in June 2004. The Syndicator, Enterprise Housing Partners XI Limited Partnership (EHP11), limited partner interest in the Eastern Iowa Regional Partnership LLLP was fulfilled on December 31, 2018 and transferred to the new General Partner, the Eastern Iowa Regional Housing Corporation. On January 1, 2019, the Eastern Iowa Regional Partnership, L.L.L.P transferred the Limited Partnership interest for debt only, for the Evergreen Meadows Tax Credit property, to the Eastern Iowa Regional Housing Corporation (EIRHC). The EIRHC intends to maintain the property as affordable housing over the extended use period. Amenities: central air conditioning, garbage disposal, washer/dryer hookups in units, coin operated washers/dryers located in the Community Room, dishwasher, microwave, ceiling fans, off-street parking, storage, computer center with internet, playground and pavilion area, maintenance staff (on-call), Site Manager available Monday-Friday during office hours.

Application information

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Amenities and utilities

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