Built in partnership with Home First Development to provide housing for individuals and families impacted by wildfires, the project creates 72 family-oriented units. The mix of 1-, 2-, and 3-bedroom units are affordable to renters earning at or below 30% and 60% of the area median income (AMI).

Constructing Fern Ridge Apartments was vital because no new affordable housing had been built in Stayton for more than 20 years. Marion County lost an estimated 700 units to the 2020 Beachie Creek wildfire. This development helped replenish the lost housing stock and provided quality, affordable housing to low-income families.

Resident services are provided by Cornerstone Community Housing, a nonprofit dedicated to supporting residents in affordable housing communities. Their services focus on housing stability, financial education, health and wellness, and community-building programs to help residents achieve long-term success. By offering resources like after-school programs, wellness initiatives, and workforce development, Cornerstone fosters a strong sense of community and improve the quality of life for those who called Fern Ridge home.

The buildings achieved green building standards comparable to Earth Advantage Gold. The apartments feature patios or balconies, with upper-level units offering scenic northwest views.

The project was financed with Local Innovation Fast Track (LIFT) funds, 4% Low-Income Housing Tax Credits (LIHTC), construction and permanent debt, OHCS Multifamily Energy Program funds (OR-MEP), and Project-Based Vouchers.