Minden West Estates
Minden West Estates, Minden Nebraska
Minden West Estates is located Sycamore Street in Minden, Nebraska. Minden West has 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 home 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, attached garage and a beautiful community garden for the residents to enjoy.
Overall development costs totaled approximately $2.85 Million. The funding sources for this project included Low Income Housing Tax Credits, 1602 Exchange Funds, HOME Funds from the Department of Economic Development, FHLBank-AHP Funds, contributions from the city of Minden, and long-term permanent financing. The interim and permanent loans were provided by Horizon Bank.
Construction was completed in June 2011. Minden West Estates is currently in lease up.