Commonwealth Development Corporation and WNC & Associates Announce Development of Affordable Housing Community in Phoenix, Ore.
PHOENIX, Ore., March 26, 2024 (GLOBE NEWSWIRE) -- Commonwealth Development Corporation , one of the nation’s largest, majority woman-owned, affordable housing development companies, and WNC & Associates , a family-owned business known as both a pioneer and leader in the affordable housing industry, have closed a deal to begin construction of Pacific Flats, an all-new affordable housing community in Phoenix, Ore.
- PHOENIX, Ore., March 26, 2024 (GLOBE NEWSWIRE) -- Commonwealth Development Corporation , one of the nation’s largest, majority woman-owned, affordable housing development companies, and WNC & Associates , a family-owned business known as both a pioneer and leader in the affordable housing industry, have closed a deal to begin construction of Pacific Flats, an all-new affordable housing community in Phoenix, Ore.
- The property will include 72 units across five three-story buildings, and a separate clubhouse building with amenities including a fitness center, business center, and community room.
- “Commonwealth is delighted to collaborate with our esteemed partners, WNC, to provide further housing support to the southern Oregon region impacted by the Almeda wildfire,” said Dan Kroetz, Senior Vice President of Development at Commonwealth Development Corporation.
- “This statistic, combined with the destruction of homes from the Almeda Fire, highlights the need for more affordable housing options in the region.