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$15.4 Million for 52 Senior Apartments in Davenport. More Than Half Were Rented Before the Ribbon Was Cut.

Timber Ridge opened 52 affordable senior apartments in Davenport with more than half rented. The $15.4 million project uses low-income housing tax credits.

$15.4 Million for 52 Senior Apartments in Davenport. More Than Half Were Rented Before the Ribbon Was Cut.

Photo: Luke van Zyl / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Davenport just opened 52 affordable apartments for seniors, and they are already filling up. Timber Ridge, a $15.4 million complex at 2345 W. 54th St. in northwest Davenport, held its ribbon-cutting on Oct. 28, according to WVIK. More than half of its 52 units were rented by opening day. The three-story building is for residents 62 and older. It has 32 one-bedroom…

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