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Committee recommends $1 million toward Sequim permanent supportive housing project, contingent on full funding
Summary
A county housing committee recommended that the county commission be asked to award $1 million to a Sequim permanent supportive housing project at 505 South Fifth Street, conditional on the project securing remaining funds by a committee deadline and on design funding from other sources.
A county housing committee on an unspecified date recommended that the county commission be asked to award $1,000,000 to a Sequim permanent supportive housing (PSH) redevelopment at 505 South Fifth Street, the committee decided by voice vote after a motion that tied the award to the project obtaining full external funding by the committee's deadline.
The recommendation matters because the project would replace a 1948 building and add 36 apartment units of PSH on a site already restricted for PSH through deed restrictions that, according to the applicant, run until 2054. The committee's recommendation is expressly conditional: the funding would be forwarded to the county commission only if the project secures the remaining financing within the committee's stated funding timeline.
Sharon (applicant) summarized the proposal to the committee: "The summary is that…
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