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

Powell Court Apartments

Powell, WY

This project is a 12-unit multifamily affordable complex located at 821 No. Absaroka Street in Powell, WY. CR Builders teamed with Wyoming Housing Network, Inc. to bring this much-needed affordable housing project to the Powell market. CR Builders provided the financing sources and led the development team in construction oversight. The project opened in the fall of 2020.

Sponsor: Wyoming Housing Network and CR Builders, LLC
Architect: HGFA Architects, Billings, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $3.48 million

Sponsor: Wyoming Housing Network and CR Builders, LLC
Architect: HGFA Architects, Billings, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $3.48 million

Apartment complex with landscaped lawn, outdoor walkways, and modern exterior design for comfortable.

Parkview Village

Sidney, MT

This 20-unit multifamily apartment community is located directly across the street from Veteran’s Memorial Park at 221 5th Street SW in Sidney, MT. The residences offer an affordable housing option for low- to moderate-income families or individuals. The property opened in October of 2013.

Sponsor: Richland County Housing Authority and CR Builders, LLC
Architect: Schutz Foss Architects, Billings, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $3.8 million

Sponsor: Richland County Housing Authority and CR Builders, LLC
Architect: Schutz Foss Architects, Billings, MT
Contractor: Sletten Construction, Great Falls, MT
Total Development Cost: $3.8 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

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

Contemporary multi-family apartment complex with balconies and large windows.

Sunset Village

Sidney, MT

This 36-unit multifamily apartment complex is located at 1032 6^th Street in Sidney, MT. Apartments are specifically designed to meet the needs of disabled persons and seniors. Opened in May of 2016.

Sponsor: Richland County Housing Authority and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Oakwood Construction Co., Okemos, MI
Total Development Cost: $6.9 million

Sponsor: Richland County Housing Authority and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Oakwood Construction Co., Okemos, MI
Total Development Cost: $6.9 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

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