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Gateway says multifamily project will fund services and provide workforce housing
Summary
Gateway Foundation and partner Beacon told council the multifamily proposal would generate revenue for services, be 51% owned by Gateway, and target workforce and neurodiverse residents with rents tied to area median income and wages.
Gateway Foundation’s board president, John Fury, and Gateway staff described the proposed development as a revenue source intended to support the nonprofit’s services and to provide workforce housing for clients and staff. Fury told the council Gateway will own a majority stake and said the organization had vetted Beacon as a development partner.
An on-site representative, Christina Watkins of Gateway, said staff work on rent and affordability modeling and explained the affordability scale under consideration: "So we're looking at anywhere from $12 an hour pay rate to $30 an hour is kind of the affordability scale of what we're looking at." The applicant said funding applications tied to the project are time sensitive and that a vote was important to meet an upcoming application deadline.
Applicant representatives told the council background checks, regulatory oversight and screening would be used for residents and staff, and that traffic and sewer capacity had been reviewed by public works staff.
