KŌZ ON 14th: 1411 State Street, Salem OR

Koz on 14th is a 194-unit multifamily apartment building in Downtown Salem, Oregon. The development features a diverse unit mix, including 135 studios, 36 one-bedroom units, and 23 two-bedroom units. This project exemplifies Koz’s mission-driven approach, offering high-quality housing with projected average rents under 80% of the area median income (AMI). The development will leverage the Multifamily Tax Exemption (MFTE) program, waiving property taxes on all improvements, enhancing its financial feasibility.