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

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

Modern house with illuminated swimming pool and outdoor lounge area at dusk.

Marina Cay Estates

Bigfork, MT

Located at 600 Grand Drive, Bigfork, MT, this 22-unit luxury condominium complex was designed and built as an expansion of the full-service Marina Cay Resort property on the shores of Flathead Lake. This unique development offers both ownership and rental options either on the waterfront or at poolside. Opened in 2007.

Sponsor: Marina Cay Estates, LLC with principals of CR Builders
Architect: CTA Architects, Billings, MT
Contractor: Martel Construction, Bigfork, MT
Total Development Cost: $12.14 million

Sponsor: Marina Cay Estates, LLC with principals of CR Builders
Architect: CTA Architects, Billings, MT
Contractor: Martel Construction, Bigfork, MT
Total Development Cost: $12.14 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

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

Apartment complex with covered parking and green lawns, showcasing quality construction and communit.

Jackson Flats Community

Grand Forks, ND

Jackson Flats Community is an affordable senior housing community located at 2350 36th Ave S., Grand Forks, ND. The property features a project-based Housing Assistance Payment Contract for 38 of the project’s 40 units. The property opened in the spring of 2023.

Sponsor: Grand Forks Homes, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: BC Contracting, Fargo, ND
Total Development Cost: $10.98 million

Sponsor: Grand Forks Homes, Inc. and CR Builders, LLC
Architect: Springer Group Architects, Bozeman, MT
Contractor: BC Contracting, Fargo, ND
Total Development Cost: $10.98 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