R-CRC is helping make Lincoln Park Townhomes a reality in Dickinson. The development will be owned by Phoenix Holding Group, L.L.C. and Richman Capital, while G.A. Haan Development will act as developer. Governor Jack Dalrymple allocated $200,000 in CDBG funds from the Governor’s Set-Aside for the project. R-CRC awarded $100,000 from the 2012 Regional Allocation to the project.
Lincoln Park Townhomes will consists of five eight-unit structures totaling 40 townhouses and an attached community building offering a kitchen, exercise area, manager’s office and garage. There will be 24 two-bedroom units totaling 1,093 square feet and 16 three-bedroom units totaling 1,273 square feet. Each will have an attached garage and rent for each will be less than market price.
A program for rent rebate for homeownership in the amount of 5 percent will also be available to tenants.