Wilderness Falls – Seniors 55+
Wilderness Falls, Falls City, NE
Wilderness Falls is located at Barada Street & W. 31st Street in Falls City, Nebraska. Wilderness Falls will consist of 16 units of affordable housing for seniors comprised of fourteen, duplex town homes with two-bedroom and two three-bedroom units that are handicap visitable. Each townhome includes a kitchen, dining area, living room, bedrooms with ample closets, laundry area with washer and dryer, walk-in shower with safety bars and retractable seat. Amenities include all appliances, mini-blinds, and attached garage.
Overall development costs totaled approximately $2.4 Million. The funding sources for this project include Low Income Housing Tax Credits, HOME Funds from the Department of Economic Development, contributions from the Falls City EDGE, and Midwest Housing Initiatives.. The interim construction financing is being provided by Horizon Bank in Waverly, NE.
Construction is scheduled to be completed in March 2012. Townhomes will be available to rent by March of 2012. For more information please contact Excel Development Group.