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Regional Housing Council backs France Anderson unit-mix change to shore up financing
Summary
The Thurston County Regional Housing Council approved a letter supporting a developerrequest to change the France Anderson unit mix so the project can secure tax-credit equity and continue moving toward construction. Members pressed for operational details and said accountability language will be handled in subsequent contracts and interlocal agreements.
The Thurston County Regional Housing Council voted March 25 to send a letter to the Washington State Department of Commerce and the Washington State Housing Finance Commission indicating local support for a proposed unit-mix change at the France Anderson housing project.
Kalissa Eversman, project manager with the Low-Income Housing Institute, told the council the project was originally proposed as 70 permanent supportive-housing units at 30% of area median income. She said the tax-credit market and a shortfall in operational subsidy led the developer to seek an amendment that would make 35 units…
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