From My Edmonds News:
The Edmonds School Board of Directors, at its Dec. 14 business meeting, unanimously approved a resolution to declare approximately 2.2 acres of property adjacent to Cedar Valley Community School as surplus and then lease it to Housing Hope, which will develop affordable housing on the site.
In surplussing the property commonly known as the Cedar Valley Ballfield, which is located at approximately 19200 56th Ave. W. in Lynnwood, the board determined that the land is not currently needed or required for school purposes. The district will lease it to Housing Hope, an Everett-based nonprofit organization, for a rate of $1 per year 75 years to provide affordable housing for students and families experiencing homelessness – with priority going to district families.
Housing Hope, in partnership with the Housing Authority of Snohomish County (HASCO), plans to develop a 40- to-50-unit affordable housing complex on the district-owned baseball field along 58th Avenue West. The district had to surplus the property in order to enter into the lease and it also obtained a “boundary lot adjustment” from the City of Lynnwood which separates those acres from the rest of the Cedar Valley school site.
Read My Edmonds News' article "School board OKs leasing 2.2 acres to provide affordable housing for district students, families," featuring the Housing Authority of Snohomish County.