Building Homes,
Creating Communities

Your Trusted Partner for Affordable Housing Development

CR Builders guides you from concept to completion.

Dedicated to the Development of Affordable Housing Units

Elevating communities through excellence, CR Builders focuses on providing safe, comfortable, and affordable housing. Leading the way with over 20 years of experience, our mission is to develop affordable communities using the Low-Income Housing Tax Credit (LIHTC). Tapping into diverse financing sources, we make accessible housing a reality.

This 56-unit affordable senior housing project is located at 3001 15th Avenue So. on the campus of Benefis Health System in Great Falls, MT.

Building Thousands of Affordable Units Across the States

CR Builders has an established record of strategically using diverse financing sources, from conventional debt and equity to private activity bonds, low-income housing tax credits (LIHTC), HOME Funds, National Housing Trust Fund (HTF) dollars, CDBG funds, and financing products from HUD and USDA Rural Development.

Working alongside our partners, we have brought to realization 25 pioneering housing developments, representing 1,079 units and an investment of nearly $250 million in total development costs as we maintain a commitment to redefining living spaces and shaping communities that endure.

Our Reach

Construction company map of the western United States.

Our Work

Cascade Ridge Senior Living

Great Falls, MT

This 56-unit affordable senior housing project is located at 3001 15th Avenue So. on the campus of Benefis Health System in Great Falls, MT.
Phase 1 opened September 2012 and Phase 2 opened in August 2016.

Sponsor: Benefis Health System, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $8.76 million

Sponsor: Benefis Health System, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $8.76 million

Modern apartment complex with a central covered entrance and landscaped surroundings.

Century Cottages

Bismarck, ND

This affordable 35-unit senior community, located at 2724 Hawken Street in Bismarck, ND, is adjacent to the Sierra Court project, a 40-unit senior property. CR Builders was the lead developer, arranged financing and managed all construction activities as the project was being built. The property opened in the fall of 2020.

Sponsor: CommunityWorks ND and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Community Contractors, Inc., Grand Forks, ND
Total Development Cost: $8.71 million

Sponsor: CommunityWorks ND and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Community Contractors, Inc., Grand Forks, ND
Total Development Cost: $8.71 million

Tapestry Apartments

Billings, MT

Tapestry Apartments is an affordable housing project located in Billings’ southside at 115 S. 30th Street. The project consists of 27 units dedicated to qualifying families and individuals. The project is sponsored by Community Leadership & Development, Inc. (CLDI) and opened in early 2024.

Sponsor: CLDI and CR Builders, LLC
Architect: Collaborative Design, Billings, MT
Contractor: Langlas Construction, Billings, MT
Total Development Cost: $7.7 million

Sponsor: CLDI and CR Builders, LLC
Architect: Collaborative Design, Billings, MT
Contractor: Langlas Construction, Billings, MT
Total Development Cost: $7.7 million

Sierra Court Apartments

Bismarck, ND

Located at the corner of Century Avenue and Ithica Drive in Bismarck, ND, this is a 40-unit senior housing complex. The residences offer an affordable housing option for low- to moderate-income seniors. Opened in November of 2016.

Sponsor: Hometown Living, LLC and CR Builders, LLC
Architect: HTG Architects, Bismarck, ND
Contractor: Goldmark Development, Bismarck, ND
Total Development Cost: $7.5 million

Sponsor: Hometown Living, LLC and CR Builders, LLC
Architect: HTG Architects, Bismarck, ND
Contractor: Goldmark Development, Bismarck, ND
Total Development Cost: $7.5 million

Apartment complex with multiple units and parking area.

Independence Pointe

Bismarck, ND

A 24-unit multifamily housing facility at 3901 North 19th Street in Bismarck, ND, is dedicated to residents with special needs. In cooperation with Pride, Inc., a local non-profit service agency, CR Builders served as project developer and source of financing. Opened in December 2014.

Sponsor: Pride, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Oakwood Construction Company, Okemos, MI
Total Development Cost: $3.9 million

Sponsor: Pride, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Oakwood Construction Company, Okemos, MI
Total Development Cost: $3.9 million

Apartment complex with parking lot and solar panels under clear blue sky.

Hawk’s Point Residences

Cheyenne, WY

This newly built senior housing community is located at 3300 Sparks Road in Cheyenne, WY. This 56-unit affordable property is dedicated to serving the community’s senior resident population. Designed to foster social interaction amongst the residents, this popular community opened in October of 2021 and leased up in less than 90 days.

Sponsor: Wyoming Housing Network and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Greystone Construction, Shakopee, MN
Total Development Cost: $11.5 million

Sponsor: Wyoming Housing Network and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Greystone Construction, Shakopee, MN
Total Development Cost: $11.5 million

Explore All Projects

We work with those who construct quality housing where tenants can be proud of where they call home.

Working Alongside Strategic Partners

CR Builders is grateful to have partnered with organizations committed to making a difference in their communities. We work with those who construct quality housing where tenants can be proud of where they call home.

Competition for LIHTCs is fierce – one mistake, omission, or missed deadline can stall a project. CR Builders takes away that stress to ensure projects move from conception to funding, to planning, to completion, and ultimately to occupancy.

Meet our team

Expert Guidance through Tax Credit Bureaucracy

Every year the 'U.S. Department of the Treasury' allocates millions of dollars in Low-Income Housing Tax Credits (LIHTC) to each state. Applying for and receiving an allocation of credits can be long, difficult, and competitive. CR Builders has a team that not only works alongside their partners to acquire these credits, but also puts them to use building quality, dignified, and affordable housing for those who need it most.

Building Homes,
Creating Communities

Dedicated to the Development of Affordable Housing Units

Building Thousands of Affordable Units Across the States