Published November
2004
Affordable-housing
complex opens
|
Snohomish County
Business Journal/JOHN WOLCOTT
Pepperwood,
a $3 million, 25-unit facility in Lynnwood, is Snohomish County’s
latest affordable-housing development for seniors. It joins 14 other
such developments by Senior Services of Snohomish County. |
SCBJ
Staff
Senior Services of
Snohomish County recently opened Pepperwood, capping off a five-year journey
to increase the inventory of affordable housing for seniors in south county.
“Our collaborative
relationships with both public- and private-funding partners have enabled
us to complete this affordable, 25-unit building that provides individual
privacy, safety and comfortable living,” Senior Services said of the $3
million complex, which opened in October at 19924 Scriber Lake Road.
Pepperwood, part
of the federally funded Tax Credit for Low-Income Rental Housing Program,
joins neighboring Scriber Point, a 40-unit HUD Section 202 housing complex,
which Senior Services completed in June 2002.
Together, the two
apartment buildings occupy 1.6 acres of land that Senior Services acquired
in 1999 for the purpose of developing affordable housing. As such, the
units are available for people 55 years and older whose incomes are 30
percent, 40 percent or 50 percent of the regional median family income,
with rents ranging from $398 to $742 a month, Senior Services said.
For more information
on Pepperwood or any of the 14 other affordable senior-housing communities
managed by Senior Services, call the agency’s housing program at 425-290-5165.
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