Washington, D.C. - The Affordable Housing Tax Credit Coalition (AHTCC) today announced that New Path Community Housing in Boise is a 2020 recipient of the Charles L. Edson Tax Credit Excellence Award in the Small Metropolitan category, recognizing affordable housing developments and organizations that have demonstrated especially impactful use of the Low-Income Housing Tax Credit (Housing Credit).
Announced each year from the nation's capital, the awards honor Housing Credit developments that are strengthening communities, improving residents' opportunity and boosting economies in urban, suburban and rural areas across the country. The awards come at a time when the COVID-19 pandemic and its economic impact have intensified the need for affordable housing, compounding the challenge facing at-risk families and individuals already struggling to pay rent.
"In Idaho, we have a long history of looking out for our neighbors, and New Path Community Housing in Boise is a shining example of that," said U.S. Representative Mike Simpson (R-Idaho, 02). "Made possible by Pacific West Communities, Northwest Integrity Housing, and numerous community, city, and state groups, New Path is leading the way by helping some of our most vulnerable citizens - those who are chronically homeless. And today they've won a prestigious award of excellence, given to only the best affordable housing developments in the nation. I congratulate them for their work and for their dedication to the people of Idaho."
"The Housing Credit continues to spur development of affordable homes that go above and beyond for the families they serve," said AHTCC Executive Director Emily Cadik. "The Edson Award winners this year demonstrate how innovative and high-quality affordable housing can transform communities and help meet the need for education, child care, health care and other services vital to a community's support system for at-risk families and individuals."
New Path Community Housing, developed by Pacific West Communities, Inc. and Northwest Integrity Housing Co., is Idaho's first Housing First development, providing 40 permanent supportive housing units and wrap-around social and health services for chronically homeless individuals. New Path was made possible through a collaboration of nearly two dozen organizations, including the Idaho Housing and Finance Association, Boise City/Ada County Housing Authority, City of Boise, Ada County, businesses, nonprofits, and healthcare providers. Nearly $6 million in equity was provided by American Express National Bank and syndicated by The Richman Group through the Housing Credit. New Path is located near a grocery store, health care facility, public transportation, a nonprofit that works with low-income residents and the city's 25-mile pedestrian Green Belt.
Since 1986, the Housing Credit has financed more than three million homes for low-income households, including veterans, senior citizens, individuals with disabilities, essential workers, and families with children. Through public-private partnerships, the Housing Credit offers a proven track record of financing safe, decent affordable homes in communities where they are needed most.
"The Edson awardees highlight the creative and innovative solutions that exist to combat the nation's lack of affordable housing," said AHTCC President and WNC, Inc. Executive Vice President Michael Gaber. "As the impact of COVID-19 continues to create hardships for a growing number of families and working people across the country, now more than ever we need effective tools like the Housing Credit to provide stable, affordable homes."
For more information about the 2020 Edson Awards, please visit https://www.taxcreditcoalition.org/gallery/new-path-community-housing/
About the Affordable Housing Tax Credit Coalition
Founded in 1988, AHTCC is a trade organization of housing professionals who advocate for affordable rental housing financed using the Low-Income Housing Tax Credit (Housing Credit). AHTCC's for-profit and non-profit members-including syndicators, investors, lenders, developers, legal and accounting professionals and state allocating agencies-seek to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education.
- July 14, 2019 (Boise, ID) - Thanks to Thomas Development Co.'s continued support of the Avenues for Hope Housing Challenge, the annual fundraiser has helped thousands of Idahoans with all types of housing and supportive services. Last year's campaign pushed us over the $3 million mark since it began in 2011. Full 2018 results are available at www.avenuesforhope.org.
Watch this video to meet two Idahoans who were headed to prison before an Avenues for Hope partner gave them the tools and hope they needed to get back on the right track. They are very grateful for everyone who helped make this positive impact on their lives.
We couldn't have done it without you and we look forward to another successful campaign this year in which we hope to raise $1 million. Mark your calendar for December 12-31, 2019.
Please share this email with your employees and let them know about the important work your organization is supporting.
- June 12, 2019 (Boise, ID) - A Boise Partnership of Public and Private Entities for Urban Renewal Addressing Housing Issues in the City.
"We feel very strongly that providing good quality affordable rental housing for singles, families and seniors is needed..." Company President Tom Mannschreck said.
Boise's Housing and Community Development Senior Manager AnaMarie Guiles said this is one of the city's biggest efforts to use its own resources to build affordable housing.
- Jun 13, 2019 (Caldwell, ID) - The Plan, as always, is to build affordable housing with sustainable building practices to enrich the lives of our residents, communities and our partners. Our Las Brisas development is in full swing and will provide 48 one and two bedroom affordable apartments for senior independent living for ages 62 and older.
Eagle, Idaho Mayor Stan Ridgeway, Eagle Chamber of Commerce Executive Director Joy Strayer and other community leaders were on hand for the ribbon cutting ceremonies at Cottonwood Meadows Apartments. The complex is a three story 48 unit community for residents age 62 and older. Residents and guests were treated to lunch and heard from property co-developers Caleb Roope, founder and CEO of The Pacific Companies, Thomas Mannschreck, co-founder and President of Thomas Development Co. and Connie Hogland, Executive Director of Northwest Integrity Housing Co. In addition, Gerald Hunter, President and Executive Director of the Idaho Housing and Finance Association and residents addressed the attendees.
July 2, 2018
New Path Community Housing construction crews are working at 2200 W. Fairview in Boise's West End on a 41 unit housing community for Boise's chronically homeless. This is Idaho's first "Housing First" model, a successful approach to assisting the Treasure Valley's most vulnerable citizens; the homeless.
June 14, 2018
Kinsale Place offers one and two bedroom apartments for rent to seniors 62+ in Lewiston, Idaho. From the beautiful community lounge to the exercise room to the raised garden beds, Kinsale Place provides all the comforts of home and more including a washer and dryer in each apartment, energy efficient appliances and a patio or balcony. Whether relaxing in front of the community fireplace or shopping nearby, Kinsale is a perfect place to call home. Community features include attentive, professional On-site staff, an expansive Community Room with Fireplace and Kitchen and for activities and entertainment, Computer with free high speed internet access, modern fitness center, library, craft space, elevator, garages available and much more.
April 20, 2018
Construction on New Path Community Housing's new facility in Boise, Idaho is moving along rapidly and on schedule as witnessed recently by those involved. It was a "Sneak Peek" preview of the "Housing First" development for the chronically homeless in Boise at 2200 W Fairview. City, County and Community Officials were on hand for the tour.
April 3, 2018
Cottonwood Meadows Apartments in Eagle, Idaho will be completed soon. Our new 48 unit Senior (62 and older) independent-living community will offer spacious one and two bedroom apartments with all the comforts of home. And Cottonwood Meadows was designed to qualify for the U.S. Green Building Council's LEED Program which means high energy and water efficiency with the use of sustainable, durable materials for environmentally-friendly communities.
Boise Mayor Dave Beiter delivers at New Path Community Housing Groundbreaking
September 20, 2017
A large crowd gathered together to celebrate the groundbreaking of Boise's first "Housing First" development, New Path Community Housing. New Path will offer 40 one bedroom apartments for the chronically homeless in Boise and reduce costs incurred assisting this vulnerable segment of our community.
Support services will be provided on site through Terry Reilly Health Services and CATCH, Inc. (Charitable Assistance to Community's Homeless of Ada County). Completion is expected in the fall of 2018.
Pictured with shovel in hand left to right are Rodney Reider, President and CEO, Saint Alphansus Health System; Chris Roth, Senior Vice President and CEO, St. Luke's Health System; Deanna Watson, Executive Director, Boise City/Ada County Housing Authority; Thomas Mannschreck, President/Owner, Thomas Development Co; Caleb Roope, President, The Pacific Companies; Dave Bieter, Mayor, City of Boise; Dave Case, Chairman of the Board, Ada County Board of Commissioners; Gerald Hunter, President and Executive Director Idaho Housing and Finance Association.
See story in the Boise Weekly
September 20, 2017 - Groundbreaking for Idaho's first "Housing First" concept community is fast approaching. The result of the city of Boise's Housing First Initiative, New Path Community Housing, will rise where the Twin Dragon Restaurant used to sit at 22nd Street and Fairview Ave.
Sep 15, 2017
The roof is being raised at Cottonwood Meadows, a new, affordable (62 years and older) apartment community consisting of a three-story building with two residential wings. There will be interconnecting hallways to the common area amenities, including a leasing office for the resident manager, community space, kitchen, business center, recycling area, arts and crafts room, a library, and an exercise room.
The complex is visible from Highway 44 near the intersection of S Edgewood Lane.
We will keep you posted on leasing and Grand Opening information as soon as it becomes available.
Gardens get communities together according to Michael Ray, Limberlost Neighborhood Association Director. We took his advice and so did this resident. Big results and a big smile for our Catalunya Apartments in Tucson, Arizona. And, thank you Michael, we appreciate your help.
April, 21, 2017
Thomas Development Co., Northwest Integrity Housing Co. (NIHC) and Pacific West Communities are the local developers of New Path Community Housing, a plan underway in Boise, Idaho to address the chronically homeless. The 40 unit complex will be built at 2200 W Fairview Ave., former site of the Twin Dragon Restaurant in Boise's West End. The facility will include space for supportive services unique to the needs of the residents.
The developers have extensive backgrounds in constructing, maintaining and operating affordable multi-family housing through sustainable building practices.
Construction could begin in late 2017 with completion expected mid-2018.
April - 2017
Thomas Development Co. contributed four lots located in the College Hill Development subdivision in Riverton, Wyoming to Wind River Country Habitat for Humanity.
Habitat for Humanity, Wind River Country is a Christian based organization dedicated to eliminating substandard housing and homelessness. They are committed to making adequate, affordable shelter a matter of conscience and action.
"We were honored to be able to help.", said Thomas Mannschreck, President of Thomas Development Co. based in Boise, Idaho. "Providing affordable housing opportunities and confronting homelessness aligns perfectly with our Company culture."
For more information about Habitat for Humanity, Wind River Country click the link below:<
March 13, 2017
Thomas Investments, LP and Thomas Development Co. proudly announce that Iteris, Inc. will be a new addition to downtown Idaho Falls, Idaho, as well as a distinguished occupant of the Earl Building.
Iteris, Inc. has been nominated for many awards and recognized for innovative technology and methodical methods for solving big transportation and agriculture problems. This company will be a significant asset to Idaho Falls.
"Building better communities today means we're creating a better world tomorrow." Iteris, Inc. website.
"We continue our efforts to be part of the energy that is downtown Idaho Falls. Iteris, Inc. is a good fit.", said Thomas C. Mannschreck, President of Thomas Development, Co.
The Earl Building was built in 1910 on the corner of Park and B Streets in Idaho Falls, Idaho. Thomas Investments purchased the building in June 2008 and performed its second major remodel, transforming the interior common space and adding modern updates to the historic façade. This two-story building consists of 17,677 rentable square feet in addition to an underground parking garage.
About Iteris, Inc.
Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. Visit the Iteris link below for more information.
February 22, 2017
Thomas Development Co., joint venture partner with Northwest Integrity Housing and The Pacific Companies (Boise Pacific NIHC Associates), was selected to develop permanent supportive housing for Boise's and Idaho's first 'Housing First' facility. 'Housing First' is a national program that addresses the challenges of the chronically homeless.
The selection process was conducted by partners in Boise's 'Housing First' program consisting of Idaho Housing and Finance Association, the City of Boise, Ada County, St. Luke's Health System, Saint Alphonsus Health System and The Home Partnership Foundation.
"New Path Community Housing" is the name of the single site facility to provide stable housing with onsite supportive services for up to 40 families/individuals experiencing chronic homelessness. The development will be constructed at 2200 W. Fairview Ave in Boise, Idaho.
"Thomas Development Co. is pleased to be part of the team developing, constructing, owning and operating this facility that is so needed by this vulnerable population to improve the stability in their lives," said Thomas Mannschreck, president of Thomas Development Co. "We thank the City of Boise and Idaho Housing for taking the lead in putting this team together..."