News

ARTICLE

Date ArticleType
6/6/2022 4:05:04 PM Member News
CHI Hosts Groundbreaking Event for Tulip Tree - Affordable Senior Living

Spencer-based nonprofit, Community Housing Initiatives (CHI), will celebrate the groundbreaking of Tulip Tree Apartments – Affordable Senior Living, in Marion, IA on Friday, June 10th at 12:00 pm. Parking will be available in the Syncbak Inc. parking lot located at 1 Research Center, Marion, IA. This new construction property is located at 1330 E Post Road, Marion, IA, and will invest nearly $10 million to expand housing choices for area seniors. Tulip Tree Apartments will provide 40 spacious 2-bedroom affordable units for persons aged 55 and over. Construction is expected to begin late this year. The Marion Chamber Ambassadors will join Marion Economic Development to celebrate the groundbreaking.

 

The event will also be streamed live by CHI on their Facebook page.

 

The Tulip Tree groundbreaking is part of NeighborWorks Week, a national initiative of NeighborWorks network members hosting events to celebrate the impact of affordable housing. NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. CHI has been a network member since 2005.

 

CHI was founded in 1994 with the sole mission to provide Iowans with high-quality affordable housing options. Since that time, Community Housing Initiatives has developed over $200 million dollars of housing, and now serves communities statewide through six local offices, including Cedar Rapids.