Rivergreen Landing Apartments is a 60-unit development located in the Willamette Landing Neighborhood of South Corvallis. The community features a mix of 1-, 2-, and 3-bedroom family units for renters earning at or below 60% of the Area Median Income (AMI). The development includes expansive outdoor areas and a 2,000 sq. ft. community room. Unit amenities include air conditioning, in-unit washers and dryers, balconies or patios, and storage units. The buildings achieved green building standards comparable to Earth Advantage Gold. This project addressed Benton County and Corvallis’ urgent need for affordable housing in response to a growing housing shortage.

The development benefited from strong community support and input from a diverse group of partners and stakeholders, including the City of Corvallis, Corvallis for Refugees, Casa Latinos Unidos, NAACP, Corvallis School District, League of Women Voters, Boys & Girls Club, and Linn Benton Housing Authority. These collaborations resulted in thoughtful design, tenant referrals, and culturally specific resident services from trusted local organizations, ultimately improving the experience for residents.

The project was financed with 4% Low-Income Housing Tax Credits (LIHTC), City of Corvallis CET funds, and construction and permanent debt.