GREAT FALLS - A 40-unit, low-income senior citizen apartment complex will be built starting this fall following a recent decision by the Montana Board of Housing to approve housing tax credits for the project.
Cascade Ridge Senior Living will be built on three acres in Great Falls.
Officials tell the Great Falls Tribune that it is only the third time in the last 15 years the tax credits have been approved for a Great Falls project.
Billings-based Mountain Plains Equity Group and Benefis Health System are partnering to build the apartment complex for seniors.
Officials say that $4.6 million of the $5.5 million cost of the apartment complex will be financed through the sale of tax credits.