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Issaquah committee backs $1.5M loan to KCHA Trailhead project, $383K grant to LEO condos
Summary
The committee recommended sending to City Council a $1.5 million deferred loan to King County Housing Authority for 156 affordable units at the Trailhead and a $383,000 secured grant to Life Enrichment Opportunities for seven condominium bedrooms serving residents with intellectual and developmental disabilities.
The Services, Safety and Parks Committee recommended that the City Council place on the Feb. 23 consent agenda a $1.5 million IHIP deferred loan to the King County Housing Authority for the Trailhead Apartments and a $383,000 secured grant to Life Enrichment Opportunities (LEO) for seven condominium bedrooms serving people with intellectual and developmental disabilities.
The recommendation, presented by Economic Development and Housing Manager Alexis Fitzsimmons and ARCH investments manager Patrick Tippie, said the KCHA project will include a city‑owned Opportunity Center on the ground floor and 156 units above (two designated for on‑site management) with units targeted to 40–60% of area…
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