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

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

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

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 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

Chapel Court Apartments

Billings, MT

This project is located on the campus of St. John’s United at 2940 Rimrock Road in Billings, MT. This 56-unit affordable senior community is a new development that replaces an old housing wing of the campus that was built in 1956. Grand Opening occurred in May of 2021.

Sponsor: St. Johns United and CR Builders, LLC.
Architect: A&E Architects, Billings, MT
Contractor: Yellowstone Basin Construction, Billings, MT
Total Development Cost: $10.12 million

Sponsor: St. Johns United and CR Builders, LLC.
Architect: A&E Architects, Billings, MT
Contractor: Yellowstone Basin Construction, Billings, MT
Total Development Cost: $10.12 million

La Sonora at Dove Mountain

Marana, AZ

This senior living retirement community is located at 5250 West Dove Centre Road, Marana, AZ. The property offers a total of 142 units, with the finest in Independent Living, Assisted Living, and Memory Care.

Scheduled opening and lease-up activity began in the summer of 2021.

Sponsor: CR Builders, LLC
Architect: Preliminary Design: JWRA Architects
Architect of Record: ICON Architects
Contractor: PCL/Community, a joint venture
Total Development Cost: $41.5 million

Sponsor: CR Builders, LLC
Architect: Preliminary Design: JWRA Architects
Architect of Record: ICON Architects
Contractor: PCL/Community, a joint venture
Total Development Cost: $41.5 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