The Lincoln City City Council gave the green light this week to a non-profit development company to build 107 apartment units on NE 25th street. And because they’re building them by a company that doesn’t run the price up through the clouds, eligible families will be moving in rather soon.
Innovative Housing Incorporated (IHI) is a non-profit affordable housing company for those who just don’t have hundreds of thousands of dollars for decent housing. City officials say low income families will be able to move in based on income. No millionaires allowed. Word has it that the apartment complex will be built and filled up in a year to 18 months. Hopefully other cities and communities in the area will follow in their foot-steps.