Tumwater City Council authorized an interlocal agreement with the members of the Thurston Regional Housing Council to help develop a permanent supportive housing project onFranz Anderson Road in Olympia.
According to the agreement, approved on Tuesday, December 5, Tumwater would transfer $275,000 from its general fund to Olympia to facilitate the site's development. The state capital has contracted with the Low Income Housing Institute (LIHI) to construct the housing project.
Lacey has also budgeted $3 million for the project, while the county would contribute $3.5 million on top of the $825,547 it has already spent to acquire the property. The three jurisdictions would transfer these funds on a reimbursement basis once LIHI can show that the project has been fully funded and that construction is ready to begin.
The county has already authorized the agreement on November 21, while Olympia signed into the partnership on November 6. Lacey City Council is scheduled to vote on the matter on December 7.
The site would have 71 units, primarily for single adults who earn no more than 30% of the Area Median Income, or AMI. Residents would attainhousing at the site through coordinated entry; those who have been relocated due tostate rights-of-way would be given priority.
According to LIHI’s timeline, construction is expected to begin in September 2024.
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Friday, December 8, 2023 Report this