The houses crash has provided some fresh opportunities for low-income housing, such as a 61-unit superior housing stick out the Low Income Housing Institute plans to create building in August in Seattle's Central Area. develops shelter for the good of low-income and when the world was young homeless people in Washington. It bought the Central Area site, at 2010 S. Jackson St., stay year from the Bank of Washington with the aide of a $1.7 million allowance from the City of Seattle and United Way of King County for about half what another developer paid in 2006.
On Tuesday, LIHI announced that the assignment has received first-rate funding of $2.8 million from Seattle, $500,000 from King County and $650,000 from the Federal Home Loan Bank of San Francisco in partnership with US Bank. "The Jackson Street Housing job represents another mark quicken in addressing the affordable container needs of aging Baby Boomers," LIHI Executive Director Sharon Lee said in a tidings release.
Over the next 19 years, an general of 10,000 boomers will stint 65 every day. In a May 2010 Pew Center survey, 57 percent of cosset boomers said their pecuniary picture had deteriorated since the decline began in 2007. Many boomers are faced with bent or declining incomes and few affordable shield options as they work to survive.
In reckoning to the wax of the ranking population, King County has an estimated 1,000 seniors who are vagabond and 6,700 seniors already on the waiting enrol for low-income rental housing. The $13 million, 45,000-square-foot structure will have studios and one-bedroom apartments for low-income residents superannuated 55 and up, along with a library, computer center, communal kitchen, suitableness room, classroom, "P-Patch" garden for residents and venereal services from Sound Mental Health. It is scheduled for realization in 2012.
LIHI also plans to found a 50-unit workforce quarters contrive on the instal in the near future. Posted by at January 18, 2011 11:07 a.m.
Valued friend site: read here
No comments:
Post a Comment