Boise Agency Picks Developer for 90 State Street Homes
Capital City Development Corp. selected a developer to build a four-story rental building on publicly owned land in northwest Boise.
Updated on Nov. 10, 2026 in Apartments
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Capital City Development Corp., Boise's urban renewal agency, selected a developer to build the Roe Street Multi-Family Homes project at 8306 W. State Street. The proposal includes 90 rental homes, 20 more than the agency required.
Why it matters
The project seeks to add attainable housing on publicly owned land in the State Street corridor, with rents aimed at households earning 60% to 120% of area median income. It also reflects the agency's priorities of better walking, biking and transit connections in the corridor.
The selection followed a competitive request for proposals issued in April, which drew two responses. The 1.92-acre site was bought by the agency in 2025, and the board's final financial terms have not yet been set.
The players
Capital City Development Corp.
Boise's urban renewal agency, which oversees redevelopment within the State Street Urban Renewal District and issued the request for proposals.
The details
The board of commissioners chose the proposal by vote, and the request offered a potential land discount and reimbursement for eligible public infrastructure improvements. The four-story building will sit at the corner of State and Roe streets, with units ranging from studios to three bedrooms.
Timeline
2025: Capital City Development Corp. bought the 1.92-acre State Street site.
April: The agency issued its competitive request for proposals.
November 10, 2026: The agency announced the developer selection in a news release.
2042: Rent affordability commitments run through this year.
Market Landscape
The project uses publicly owned land within the State Street Urban Renewal District to add rental supply in northwest Boise. It follows a model in which the agency sells or leases land and offers incentives to secure attainable housing.
Once built, the homes will offer studios to three-bedroom units at rents aimed at households earning 60% to 120% of area median income. Renters seeking attainable housing near State Street and transit corridors may gain a new option, though move-in timing has not been announced.
The takeaway
Renters and buyers tracking Boise's housing supply can watch for the exclusive negotiating agreement and later board decisions on financing. Public board meetings are where the agency's next steps on the State Street project will be presented.
Further reading
Explore more Boise apartments news and rental developments.
Source note: This article includes information reported by Idaho Business Review.
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