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

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

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

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 apartment building with balconies and green lawn in a suburban setting.