HomeMy WebLinkAboutApplicantPres_CC_FarmwayVillageAnnexation 2025
Farmway Village
A Place to Call Home
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Built in 1939
Opened to Public in 1940
Home for Depression Era Ag worker
Housed Japanese Americans after Minidoka IC closed
Estimated 15,000 families have called it home
Workforce, Agriculture, Service Worker housing for 85 years
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Caldwell Housing Authority established in 1946
Assumed management of Farmway Village in 1952
Purchased Farmway Village from Federal Government in 1957
Renovated first in 1970
Renovated a second time in 1992
Connected to city sewer in 2015 and city water in 2024
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1955 Aerial Photo
I-84 under construction
Gun Club
Racetrack
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Local Land Use Planning Act of 1975 authorized Idaho cities to engage in land use planning including the approval of Planned Unit Developments.
Farmway Village was a Planned Unit Development built in 1939, 36 years before Idaho passed the LLUP Act.
Farmway has now (and since its inception) apartments, offices, laundry facilities, convenience store, childcare facilities, community center, storage facilities, repair shops, parks
and open areas, BBQ and concession areas, sports fields, and public water systems, among other amenities.
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What we have
80 acres
(62) 4-plaexes or 248 units of housing
11 different commercial facilities
37 acres of undeveloped area
3 miles of road lanes
Class 1 water and wastewater system
200-acre foot per year water rights
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The Housing Authority’s master plan calls for the development of seventy-two (72) more units of multi-family housing and two hundred (220) recreation vehicle (RV) slips on the southern
border of the property.
The request to designate the property as Neighborhood 2 allows the housing authority to keep, and expand, when necessary, its housing inventory, services, and amenities.
Annexation is voluntary, but because the Master Plan anticipates additional units being built, CHA feels it is best to annex now.
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Sewer line completed in 2015
Water line loop completed in 2024
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In 2014, the housing authority signed a Municipal Services Agreement with the City when it connected to the City’s sewer system.
In 2024, the housing authority signed another municipal service agreement when it connected to the City’s drinking water system.
Those agreements require the housing authority to request annexation once it become contiguous with the limits.
The property to our immediate south became part of the city last month.
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The Agreement Reads:
“In such time as the CHA property shall become contiguous to the CITY limits, the CHA shall support the annexation of the property in whole into the CITY limits to become part of the
same and hereby agrees not to raise any objections to said annexation.”
“The CHA intends to bind its heirs and assignees to said to same support and non-objection.”
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Tenant Employment:
54% Agriculture
16% Construction
3% Office/Clerical
11% Restaurant / Hosp.
5% Gig / Other
2% Healthcare
9% Retirement Income
Tenant Income
$7,605,590 Agriculture
$2,576,329 Construction
$ 428,139 Office/Clerical
$1,367,999 Restaurant / Hosp.
$ 397,229 Gig / Other
$ 282,812 Healthcare
$ 591,793 Retirement Income
$13,249,891 total income
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Length of Stay:
26% Les than a year
39% 1 to 3 years
10% 3 to 6 years
5% 6 to 9 years
9% 9 to 12 years
11% 12+ Years
Percent of FMR:
7% 100% of FMR
18% Pay 80% of FMR
29% Pay 70% of FMR
22% Pay 60% of FMR
10% Pay 50% of FMR
14% Ag. Labor Rate
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QUESTIONS?
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