Pinewood 2 was developed on land that was part of a land trade with the National Forest Service.  The project was constructed by an LLLP that the Breckenridge Housing Authority participated in.  The project received 4% LIHTC and cost $9.7 million.  Approximately $335,000 in PIFs and Planning Fees were waived.  When units become available, applicants from the waitlist who meet the income criteria are selected.  The property is currently operated by a Corum Real Estate Group.