Locally owned. Supported by members.

Ash + River Apartments first Boise commercial project with deed-restricted affordable units

Future of Downtown

The new Ash + River Apartments on Ash St. in Boise wrapped up earlier this year. THe new complex is aimed at bringing a more affordable option to Downtown Boise.

BoiseDev Project Tracker

  • Ash + River Townhomes

    Click here for details, information & past stories

The project includes one and three-bedroom townhouse-style units, many with integrated garages. Ash and River rents aim for those who make less than 120% of the average median income for a family. That works out to those making $47,000 to $88,000 in combined yearly income.

“We’ve done our best to bring exactly what we intended to bring to market – from the pretty pictures to the final development,” Dean Papé with deChase Miksis said. “So far we are about 35% leased, and have Boise State students, retired folks and single mothers in the development.”

Ash and River townhomes Boise
Some of the units feature integrated single-car garages

Papé said the smaller units continue to sell quickly, but the three-bedroom option is moving slower. The project’s website lists three-bedrooms from $1850 to $2,095 per month. The available one bedroom fetches $1,500 per month.

The three-bedroom units at Ash and River feature one bedroom on each floor of the three-story project, allowing for a shared roommate-living situation.

CCDC’s role

- Story continues below ads -
ICCU Idaho
Regence Blue Shield Idaho

The 24-unit project came about from a request for proposal process from the Capital City Development Corporation, which formerly owned the land. CCDC sold the land to deChase Miksis with a development agreement dictating particulars of the project. One of those includes a 7-year deed restriction requiring units lease for 80-120% of the adjusted median income for the Boise area. deChase Miksis also is eligible for up to $318,000 in reimbursement for improvements in the public right away – including the streetscape, water/sewer/power pole improvements and pathway connections.

“This whole project is illustrative of the double-edged sword of affordable housing,” CCDC commissioner Maryanne Jordan said. “It is doable but it difficult. There is no one organization that can do this on their own. This is a village effort – and this is exciting to see. It’s great for the people who are living there because they wouldn’t be able to live anywhere close to this area.”

The project includes a small 500-square-foot commercial space on the Pioneer Pathway, which currently sits empty. Ash and River sits next to the historic Hayman House, which the City of Boise acquired for future use.

Ash and River on Pioneer Pathway
Ash and River Apartments along the Pioneer Pathway in Boise. Photo: Don Day/BoiseDev

Love our stories? Get them delivered straight to your inbox each afternoon. Plus, support BoiseDev's independent journalism.

Don Day
Don is the founder and editor of BoiseDev. He is a National Edward R. Murrow Award winner and a Stanford University John S. Knight Fellow.

You asked: Why is the Egyptian Theater boarded up?

If you've driven through Downtown Boise lately you might have noticed that the doors to the Egyptian Theater are boarded up.

Stalled Anthony’s restaurant restarts, announces opening date

Seafood lovers, rejoice! After putting construction on hold this Spring, construction resumes on Anthony's new restaurant in Downtown Boise.

Proposed tall downtown building gets reworked in face of neighbor concerns

Earlier this year, BoiseDev broke news of a new 16-story building slated for Downtown Boise. Now the project's developer...

New WinCo development in N. Meridian changes names, reworks some project elements

We told you earlier this month that the Linder Village project in North Meridian would finally start to move forward. Now,...

Popular

Popular Idaho mountain hot springs goes up for sale

If you're someone who has thought about purchasing a hot spring, now may be the time to do it. 

Stalled Anthony’s restaurant restarts, announces opening date

Seafood lovers, rejoice! After putting construction on hold this Spring, construction resumes on Anthony's new restaurant in Downtown Boise.

Photo tour: Idaho 55 work zone down to one lane with machinery, rock in narrow canyon

Late last week, we drove through the Idaho Highway 55 canyon between Smith's Ferry and Round Valley. The Idaho Transportation recently...

Proposed tall downtown building gets reworked in face of neighbor concerns

Earlier this year, BoiseDev broke news of a new 16-story building slated for Downtown Boise. Now the project's developer...

Large student apartment project turned down after McLean breaks city council tie

Boise Mayor Lauren McLean cast the deciding vote to turn down an upscale student housing project near Boise State University.  It's the...

Saltzer Health sold again, this time to major Utah health system

Saltzer Health will soon be under new ownership. Starting Oct. 1, Saltzer Health will join Salt Lake City-based...

Related

Updated: CCDC gives first approval to new 12-story senior apartment project in Boise

Whether or not Boise gets a new main library anytime soon, a local developer is plowing ahead with a new 12-story tower...

Boise home of Erma Hayman will become cultural site

The Hayman House, which was acquired by the City of Boise in 2018, is becoming a cultural site.

Portion of Boise’s 8th Street will get a makeover: bikes, sidewalks, patios

Capital City Development Corporation (CCDC) began construction this week on 8th Street between Bannock Street and State Street in Downtown Boise.

Move back to Stage 3 shows up in decreased Downtown Boise activity

Since the coronavirus pandemic began impacting Idaho, we've kept our eye on the health of several key areas. That includes Downtown Boise.
SERVPRO Certified

Latest

You asked: Why is the Egyptian Theater boarded up?

If you've driven through Downtown Boise lately you might have noticed that the doors to the Egyptian Theater are boarded up.

Les Schwab Tires, Idaho town staple, gains large new owner

The stores in Les Schwab country have a new owner. The Oregon-based tire chain went on the block last...

Large student apartment project turned down after McLean breaks city council tie

Boise Mayor Lauren McLean cast the deciding vote to turn down an upscale student housing project near Boise State University.  It's the...

Sánchez proposes ordinance to separate residential & commercial rental deposits

Boise City Council is considering an ordinance to secure your rental security deposit.  City Council Member Lisa Sánchez brought...

Tamarack Resort announces pass options and changes ahead of 2020-21 season

Tamarack Resort has announced its pass options and changes for the upcoming winter season.  Passes

Stalled Anthony’s restaurant restarts, announces opening date

Seafood lovers, rejoice! After putting construction on hold this Spring, construction resumes on Anthony's new restaurant in Downtown Boise.