![]()
|
||||
|
Sisters
housing effort nears launch Failed to execute CGI : Win32 Error Code = 3 Cyndy Cook, executive director of CORHA the Central Oregon Regional Housing Authority, announced that the purchase of the project's land is pending. "We expect to close on the 1.2-acre property Monday, January 22," she said. According to Cook, the site is situated behind Weitech Inc., off Larch Street and Adams Avenue. Bob Grooney, local businessman, is head of the Community Action Team of Sisters (CATS), the city organization which master-minded the project, and which chose CORHA to build it. "We had as our guiding principle that if we did anything -- we'd do it well," he said. "It will be difficult to discern that this is affordable housing -- it will look just like a regular subdivision." Failed to execute CGI : Win32 Error Code = 3 "With the new city sewer project coming on line and the continued increase valuation of Sisters property," he noted, "city housing is getting unaffordable for a critical segment of the community. "This project is going to provide quality housing for them -- the 'middle-rung,' work force families." Willitts said the complex originally was planned to contain 24 units but that "...because of view corridor height restrictions, that's been lowered to 21." Cook emphasized that care has been taken to make the units attractive and provide a high level of livability. "We want to set the standard for the community's future housing needs." Failed to execute CGI : Win32 Error Code = 3 "It's a result of the way we're funding the project," she said. Additionally, she said renters must meet federal guidelines setting limitations at 60 percent of the area median income. Cook said, "If you make $5,000 a year you wouldn't qualify. Potential renters need to earn -- depending on the size of the family and the rental unit -- somewhere between $29,000 and $14,500 dollars per year." According to Cook, the project is to be funded through a partnership of private and public resources. "We'll have lenders (banks) who will participate in the affordable housing arena through the Community Reinvestment Act," she continued. Failed to execute CGI : Win32 Error Code = 3 She estimated that over 50 percent of the project cost would be raised through this means. With this significant level of private investment, Cook said the management and maintenance of the project would be critical. "We have to meet the investors' expectations," she said. Cook stressed that the goal of the project is to ensure resident success. "We will have a full level of resident support services -- should the families need them -- such as affordable day care, recreational children's programs through the Sisters Organization for Activities and Recreation, and organized events for the children and parents," she said. Failed to execute CGI : Win32 Error Code = 3 "We have six housing projects up and running in Deschutes County -- three in Redmond, two in Madras, and one in Bend," she noted. So far, Cook and CORHA are getting high marks from their Sisters partners. "It's a pleasure working with Cyndy (Cook) -- she is enthusiastic and has great follow-through," Grooney said. |
|||