HELENA, MT – December 10, 2008 – (RealEstateRama) – Montana’s Congressman, Denny Rehberg, today took part in the ribbon-cutting ceremony for Eagle Manor III, a newly completed Helena area apartment complex dedicated to housing low-income seniors and the disabled.
“America’s unstable economy is hitting Montanans hard,” said Rehberg. “And even the basic necessities, like a roof overhead, are getting tough to afford. Eagle Manor III will play a critical role in housing local Helena residents, and I’m glad I could fulfill a crucial need of this community.”
Rehberg, a member of the House Appropriations Committee, secured $196,000 for the project through a Housing and Urban Development (HUD) appropriation in 2007. The Eagle Manor III project fills a need for affordable housing in Lewis and Clark County where census projections indicate the elderly population is expected to increase by more than 200 percent in the next 20 years. The 30 unit complex will serve those living on 50% of the area median income (currently $21,600).
“Congressman Rehberg understands the needs of Helena and the importance of projects like this,” said Jeff Miller, Director of Community Development at the Rocky Mountain Development Council. “We’re extremely grateful for the vital funding he’s provided.”
“This project is a great example of cooperation between the federal government and hard-working Montanans,” added Rehberg. “Providing folks in need with a warm place to sleep at night is always a good investment.”