From Everett, WA's HeraldNet:
Housing Hope, a nonprofit and affordable housing developer, intends to build 52 apartments on a lot next to Edmonds Lutheran Church. Construction is to start this year.
“This is really executing on our plan to at least compete for and try to start a new project every year,” Housing Hope CEO Fred Safstrom said. “… It’s going to be a very attractive, nice project.”
The Housing Authority of Snohomish County board recently approved 26 vouchers for the development. When tenants live in an apartment with a project-based voucher, they only pay what they can afford. The government covers the rest. Unlike a Section 8 voucher, however, the subsidy stays with the apartment when a tenant leaves.
“This is one project I really don’t want to see drop,” housing authority Executive Director Duane Leonard told the board. “Housing Hope is a great partner, and we’re there to support the partnership. That’s what we’re doing by offering project-based vouchers.”
Read HeraldNet's article "Housing Hope to build affordable housing near Edmonds church," featuring the Housing Authority of Snohomish County.