Oregon Housing and Community Services has allocated more than $13.5 million in funding from recent legislatively approved appropriations to begin the Northeast 25th Street apartment project in Lincoln City.
The housing project, to be developed by nonprofit developer Innovative Housing, Inc., will consist of a total of 107 units spread out between 11 buildings, including 10 two and three-floor residential buildings. The buildings will contain 41 one-bedroom units, 50 two-bedroom units, and 16 three-bedroom units. The remaining building will be a single-story community building, which will include laundry facilities, a rental office, a community room, a community kitchen, a covered play area, and resident services office. Other amenities will include a playground, a community garden and a fitness trail.
Coastal housing costs more to build because of terrain-challenged land and availability. The reason for the 11 buildings is due to the difficulty finding flat land to set the 107 units on.
This project has been in the works for years, having been passed over for state funding in two consecutive years. In the current package, projects in Tillamook County, Lincoln City, Pendleton and three in more populated areas were approved. All six projects had been approved by the state but were not funded due to funds being diverted to housing in wildfire-impacted areas. When Sen. Dick Anderson (R-Lincoln City) realized the rural projects were rejected for another year, he searched for other funding while sitting on the Ways and Means Committee. He worked with Committee Co-Chair Sen. Betsy Johnson (D-Scappoose) and Sen. Bill Hansell (R-Athena) to advocate for the passage of their three rural projects.
“For me, housing is a big priority on the coast and in rural areas of the state,” Anderson said. “I am proud to get this over the finish line for these communities so that more people will have access to affordable housing.”
Research shows that 55 percent of Lincoln County residents are rent-burdened, paying more than 30 percent of their monthly income on housing. The funds to kick start the project will come from the state LIFT (Local Innovation and Fast Track) Program, created in 2015 to encourage affordable housing for vulnerable families in rural communities.
“Without Sen. Anderson’s actions, we would still be waiting another year for possible funding,” Lincoln City Economic Development Director Alison Robertson said. “As a result, we will be able to start this project much sooner.”