Dimension Development

Dimension Development is an affordable housing financing consulting firm that partners with non-profits, Community Development Authorities, Housing Authorities and other housing professionals to help structure, apply for, and obtain a variety of financing – including: Low Income Housing Tax Credits, HOME funds, HUD Capital Fund Financing loans and Federal Home Loan Bank grants to build new or rehab existing affordable housing in their communities.

Bayfield 90

Located in Bayfield County Wisconsin. (Rittenhouse Apartments, Pine Villa, Great Divide, Wilderness View, Lakeview Terrace, Bayfield Apartments, Bayridge Villa I and Bayridge Villa II)

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Rittenhouse Apartments in Bayfield, Wisconsin.

90 affordable housing units in five communities in Bayfield County Wisconsin. Existing Rural Development 515 Loans. $6.0 million in 2005 Federal Low Income Tax Credits. $388,931 Federal Home Loan Bank grant. $350,000 HOME funds. $10,089,447 total development cost.

Added an elevator to a previously inaccessible 2-story building.
Bayfield 90 was the first Wisconsin development to include Geothermal Heating and Cooling in a tax credit-financed project.
Bayfield 90 was the first development to combine the "debt deferral" or "MPR" program with tax credits. This was one of the eight national pilot program developments that Rural Development (RD) used to obtain Congressional approval for making the MPR program a permanent feature in the RD array of programs. -- more -->

Bayfield Apartments in Washburn, Wisconsin.

Bayfield Apartments in Bayfield, Wisconsin.

Wilderness View Apartments in Drummond, Wisconsin.

Great Divide Apartments in Grand View, Wisconsin.