Affordable apartments coming to downtown Vancouver
By Scott Hewitt, The Columbian, Vancouver, Wash. | |
McClatchy-Tribune Information Services |
"We have a shrinking middle class," Grodahl said during a groundbreaking ceremony Tuesday morning. "But a lot of jobs are being created at the lower end of the income spectrum." This building is intended for "individuals and families who are working hard" for relatively low incomes, he said.
The project is only feasible, according to consultant
And, Eiken said, the city center zone is flexible about parking spaces due to the availability of public transit and bicycle infrastructure. Normally, a developer must provide one parking space for each unit, he said, but in this case the city approved a 25 percent reduction in that requirement. Lots of bike parking will be included.
"This has been vacant land for a long time," Creager said. It's been for sale as a possible office development, as well as housing, but nothing ever came together there until now.
Grodahl owns and manages approximately 9,000 units of affordable housing through another
The value of the project is
To help qualify his project for Low Income Housing Tax Credits, Grodahl made a charitable donation of
Two of 15
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