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

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

Dacotah Ridge

Dickinson, ND

This is a 24-unit rehabilitation project, located at 560 & 580 8th Street SE in Dickinson, ND. It is dedicated to elderly and disabled households. As lead developer, CR Builders collaborated with fellow team member Affordable Housing Developers Inc. in bringing this exciting project to fruition. CR Builders provided the financing sources and oversaw the construction management for the development of the project. The project opened in early 2019.

Sponsor: Affordable Housing Developers, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Scull Construction, Dickinson, ND
Total Development Cost: $6.49 million

Sponsor: Affordable Housing Developers, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: Scull Construction, Dickinson, ND
Total Development Cost: $6.49 million

Contemporary multi-story apartment complex with landscaped entryway and water features, showcasing q.

Prairie Ridge Residences

Fargo, ND

Prairie Ridge Residences is an affordable senior housing community located at 3361 Westrac Drive So., Fargo, ND. The project consists of 120 units dedicated to qualifying seniors aged 55 and older. The project is co-sponsored by CommunityWorks North Dakota (CWND) and CR Builders, LLC and opened in the fall of 2024.

Sponsor: CommunityWorks ND and CR Builders, LLC
Architect: Goldmark Design and Development, Fargo, ND
Contractor: Dietrich Construction, Fargo, ND
Total Development Cost: $28.7 million

Sponsor: CommunityWorks ND and CR Builders, LLC
Architect: Goldmark Design and Development, Fargo, ND
Contractor: Dietrich Construction, Fargo, ND
Total Development Cost: $28.7 million

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 white siding and brick accents, featuring multiple windows and air conditioni.

Garden Hills Senior

Jamestown, ND

A 2-story L-shaped building that offers 37 affordable apartments to senior citizens. Located at the corner of 12th Avenue NE and 5th Street NE in Jamestown, ND, this property is designed to provide a more social and interactive environment, featuring a TV lounge, fitness center, card room and spacious community room with coffee bar and full kitchen. Opened in July of 2007.

Sponsor: Hometown Living, LLC and CR Builders, LLC
Architect: R.H. Rogers & Associates, Fargo, ND
Contractor: Goldmark Development Corp., Bismarck, ND
Total Development Cost: $3.7 million

Sponsor: Hometown Living, LLC and CR Builders, LLC
Architect: R.H. Rogers & Associates, Fargo, ND
Contractor: Goldmark Development Corp., Bismarck, ND
Total Development Cost: $3.7 million

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

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