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HomeMy WebLinkAboutUpdate Documents - BOCC (002)HopeSource Moses Lake Project — Project 1 Address of Property: N Central Dr (Parcel ID 102114000), Moses Lake, WA 98837 & 116 E Hill Ave, Moses Lake, WA 98837 (Parcel ID 100144000) New Construction — N Central Dr, Moses Lake, WA 98837 Rehabilitation — 116 E Hill Ave, Moses Lake, WA 98837 HopeSource, in partnership with Stewardship Development, LLC, is developing Project 1, a 64-unit scattered -site affordable housing development in Moses Lake, Washington: 44 units of new construction serving seniors age 55 and older, and a 20-unit apartment building to be acquired and rehabilitated for families. All 64 units are affordable at 30%-60% AMI. Project Summary and Design New Construction —Parcel ID 102114000 (approximately 2.5 acres) • One three-story building with two elevators and parking at two spaces per unit. • 44 units: 10 studios (approximately 540 SF) and 34 one -bedrooms (approximately 650 SF). • Target population: seniors age 55 and older. 16 units at 30% AMI; 28 units at 40% AMI. Rehabilitation — 116 E Hill Ave (the "Hill Avenue Apartment Building") • 20 units, all two -bedroom, approximately 700 SF each. • Target population: families. 4 units at 40% AMI; 16 units at 60% AMI. Both sites will offer resident services provided by HopeSource's Moses Lake -based team, with supportive programming tailored to low income seniors and families.