A 15-unit rental housing complex is currently under construction in Cold Springs Crossings in Idaho. The Idaho Mountain Express reports that the new residential construction should be completed by spring 2013 and will feature many modern, energy-efficient technologies.
Funded by the Blaine County’s Community Housing Overlay District, the purpose of the project is to provide more affordable housing options in the Wood River Valley. Consequently, the Cold Springs Crossings will contain five income-restricted housing units to available applicants that meet the requirements and are approved by the Blaine County Housing Authority Database.
"There's already a waiting list for these units," Housing Authority board member Heather Filgate, told the news source.
The affordable housing solution is outfitted with many modern conveniences. The Idaho Mountain Express reports that radiant heating was installed in the rental units. The lands the housing units are built on were intended for development for years. However, this project, due to its service to the community, was the winner of the construction bid. Not only does the real estate development provide low-income locals with a housing option, but the properties were built using energy-efficient technologies.
"We wanted to create affordable housing and put people to work," Cold Springs Crossing representative Marc Reinemann told the news source. "The difficulty was finding the right property. The return on investment is not what most developers would do."
The radiant heating solution is an ideal technology to install in residential housing units. The energy efficient system does not allow for heat loss from poorly insulated ventilation - a vital component to the design of traditional heating solutions like forced hot air. By installing radiant heating, the property management company can reduce utility expenses of running the housing units.