CAPECO’s Board of Directors strives to maintain, acquire and develop affordable housing for low-income residents. Because of their commitment to affordable housing they have directed agency staff to seek opportunities where an apparent need for such housing is evident. The Board of Directors provides oversight of all developments.
CAPECO can serve as a sponsor or a partner with groups or organizations seeking to develop affordable or specialized housing in Umatilla, Morrow, Gilliam, and Wheeler counties.
Located at 549 NW 12th Place, Hermiston, Oregon. This project consists of 33 affordable housing units. Managed by Viridian Management 541-567-1400
The Applewood Limited Partnership was formed May 1999 and will terminate no later than December 2060. This project was funded with the Low-Income Housing Tax Credit Program and HOME.
Irrigon Farm Labor Housing
A scattered site project comprised of four duplexes located in Irrigon, Oregon, built in 1994-1995. The project includes the land, buildings and other improvements constituting eight affordable housing units for farm workers and their families. Managed by Viridian Management 541-567-1400
Funding sources include Federal Home Loan Bank, Housing Trust Fund, Farmworker Tax Credit, Rural Economic Community Development and Bank of America.
Located at 220 Anderson Circle in Boardman, Oregon. The project includes the land, buildings, and other improvements constituting 40 affordable housing units. Managed by Viridian Management 541-481-2855
The initial partnership was formed in 1993 and construction of the property in 1995; CAPECO purchased the property in its entirety in 2010 with rehab of the project being completed in 2012. The project was funded with Oregon Housing Trust Funds and a permanent loan from Bank of Eastern Oregon.
Located at 245 SW 5th St. in Pendleton, Oregon. The project includes the land, buildings, and other improvements constituting 20 affordable housing units designed for people with disabilities. Managed by Viridian Management 541-276-1416
This project was funded in partnership with Housing and Urban Development.
For more information contact Paula Hall from our Contact Us page.