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City previews 230 Main affordable housing proposal: 40 units, 60% AMI target and developer covenants
Summary
City staff and Related Northwest presented a preview of a proposed 40‑unit workforce/affordable housing project at 230 Main Avenue North, describing unit mix, financing sources, long‑term affordability covenants (50–55 years stated in materials), requested code departures and a fall schedule of public meetings.
City staff and representatives from Related Northwest gave the Planning Commission an informational briefing on a proposed affordable housing project at 230 Main Avenue North, a 0.4‑acre city‑owned site the council purchased in December 2023.
Staff said the city selected Related Northwest through an RFP and entered an exclusive negotiation agreement. The developer preview described a three‑story, 40‑unit building with 16 studios and 24 one‑bedroom units (including one manager unit), targeted for residents at up to 60% of area median income (AMI). The materials in the planning packet list a 50‑year minimum affordability requirement and also reference a 55‑year target; staff said the project would include recorded regulatory…
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