The Arc, a new 38-unit housing development in Post Falls, will hold a soft grand opening from 11 a.m. to 3 p.m. Wednesday to introduce affordable 3-bedroom, 2-bath homes priced at $375,000.
The Arc is located at 324 N. Corbin Road.
Addressing the region’s housing shortage, these turnkey homes are restricted to owner-occupants, with resale limitations designed to preserve long-term affordability for local residents.
Each home features a garage, fully landscaped yards, and a full suite of appliances, allowing first-time buyers to move in seamlessly.
“A first-time buyer can just bring their personal belongings and furniture,” said Noah Stam, of Stam Structures, the developer leading the project.
The Arc plans to build a complete community with outdoor features to attract young singles, couples and families. Potential amenities include an outdoor gym, pickleball courts, gazebo and barbecue area, and a dog park, which, Stam said, align with the desires of the younger generation of homebuyers.
Stam said he believes in his mission, which reflects a new, community-focused approach to homeownership and offers a tangible solution in a competitive housing market.
“I was born into it and it’s the future for our generation,” Stam said. “I do have the ability, drive and the means to make it a better one for us all.”
Kiki Miller, founding member of the Housing Solutions Partnership, said nine homes are sold and nearing completion and a waiting list has been created for the remaining units.
“This is an exciting opportunity for our local workers to become homebuyers,” Miller said. “I applaud the effort and diligence set forth by the Stam Structures team to serve our communities.”
The mission of the Housing Solutions Partnership is to increase the availability and affordability of housing for local workers in North Idaho. Learn more at housingni.org