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Ashton Place Apartments is a 48-unit affordable housing community located in Caldwell, ID. The property is ideally located and is a short distance from one of the area’s strongest retail locations, the Karcher Interchange. Companies such as Costco, WinCo, Target, Kohl’s, Edwards Cinema, Lowe’s, ShopKo, Home Depot, Old Navy, T.J. Maxx, and Sportsman’s Warehouse help make the Karcher Interchange one of the retail giants in the Treasure Valley.
Ashton Place was built and placed in service in 2002 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place with Idaho Housing and Finance Association, which requires all units to be rented to income qualifying tenants earning no more than 30% HOME, 40%, 40% HOME, 50%, and 60% of the Area Median Income. The property is beyond the initial 15-year tax credit compliance period.
Residents benefit from open floor plans, full appliance package, well maintained grounds, on-site laundry facilities, patio/ balconies, playground, and convenient location.