Title
Approval of a Resolution Authorizing the Execution of a Real Estate Purchase and Sale Agreement with the Low Income Housing Institute for Franz Anderson Road SE Property
Recommended Action
Committee Recommendation:
Staff representing the City of Olympia's Housing and Homeless Response team, City of Lacey, City of Tumwater, and Thurston County reviewed and rated the responsive proposals and selected the Low Income Housing Institute (LIHI) to conduct Phase One of the project.
City Manager Recommendation:
Move to approve a Resolution authorizing the execution of a real estate purchase and sale agreement between the City of Olympia and LIHI for Franz Anderson Road SE property to be used for affordable housing.
Report
Issue:
Whether to approve a resolution authorizing the execution of a real estate purchase and sale agreement between City of Olympia and LIHI for Franz Anderson Road SE property to be used for affordable housing.
Staff Contact:
Jacinda Steltjes, Affordable Housing Program Manager, Office of Community Vitality, 360.753.8482
Presenter(s):
None - Consent Calendar
Background and Analysis:
In spring 2022, City of Olympia and Thurston County partnered to purchase tax identification parcel numbers 58900000300, 58900000301, 58900000400, 58900000500, 58900000600 and 41701000100 along Franz Anderson Rd. SE for the purpose of utilizing the property for affordable housing efforts. A Solicitation of Interest seeking proposals to acquire and develop tax parcels 58900000300, 58900000301, 58900000400, 58900000500, 58900000600 into permanent supportive housing, also referred to as Phase One, was issued February 17, 2023. Proposals were due March 27, 2023.
Staff representing the City of Olympia's Housing and Homeless Response team, City of Lacey, City of Tumwater, and Thurston County reviewed and rated the responsive proposals and selected the Low Income Housing Institute (LIHI) to conduct Phase One of the project. Staff has worked with LIHI to execute...
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