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Ribbon cutting opens downtown Boise affordable housing development

The Adare project has 134 units available for rent.

BOISE, Idaho — Finding affordable housing in the Treasure Valley, especially in Ada County, is no easy task.

The ribbon was cut Tuesday on a downtown Boise development looking to alleviate some of that burden.

Adare is the name of the project and it has 134 units available.

A majority of the apartments will have one bedroom, 55 units will have two beds, and only seven units will have three beds.

Adare targets families and single people making roughly 50 to 60 percent of the median income in Ada County.

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With the vacancy rate being .6 percent in Ada County, Idaho Housing and Finance says the hundred-some units will alleviate some of that pressure.

“Here in the Ada County, area housing affordability is less than 1 percent, so very, very tight, so this is gonna give a lot of people an opportunity to find an affordable home,” said IHFA President Gerald Hunter.

Monthly rents will range from $550 to $1,500 depending on income and the number of beds. Tours are now available.

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