Title
Approval of a Resolution Authorizing Submission of a Connecting Housing to Infrastructure Program Grant Application for the 228 Olympia Housing Project
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution authorizing submission of a Connecting Housing to Infrastructure Program grant application for the 228 Olympia affordable housing project.
Report
Issue:
Whether to approve a Resolution authorizing submission of a Connecting Housing to Infrastructure Program grant application for the 228 Olympia affordable housing project.
Staff Contact:
Jacinda Steltjes, Affordable Housing Program Manager, Office of Community Vitality, 360.753.8482
Presenter(s):
None - Consent Item
Background and Analysis:
The City's 2023 Work Plan includes developing affordable housing at the corner of 303 Franklin Street and 228 Olympia Ave. The site was formerly used as the City's homeless mitigation site. Staff has worked closely with TWG Development and its partner Interfaith Works toward developing the site, currently known as 228 Olympia, into an 83-unit multi-family rental housing project for homeless residents, disabled residents, and households with incomes at or below 50% of Area Median Income.
Staff has identified an opportunity to apply for a Connecting Housing to Infrastructure Program (CHIP) grant in the amount of up to $2,000,000 to be used for infrastructure improvements prompted by the development of the project.
CHIP
The CHIP grant opportunity is offered by the Washington State Department of Commerce. The grant supports the development of affordable housing by paying for water, sewer and stormwater utility improvements and/or waived system development charges for new affordable housing units. Cities, counties or utility districts may apply in partnership with a housing developer. A total of $55.5 million is available and the maximum award amount is $2,000,000.
228 Olympia Afforda...
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