17
Stories of Collaboration in Creating Permanent, Affordable Rental Housing October 18, 2015

Stories of Collaboration in Creating Permanent, Affordable Rental

Embed Size (px)

Citation preview

Page 1: Stories of Collaboration in Creating Permanent, Affordable Rental

Stories of Collaboration in Creating Permanent, Affordable Rental Housing

October 18, 2015

Page 2: Stories of Collaboration in Creating Permanent, Affordable Rental

Churches work in a myriad of ways to assist those in need through rent subsidies and rental assistance, homeless to renter programs and shelter and transitional housing programs. The purpose of this compilation is to share stories of collaboration between churches and housing providers that resulted in the creation of permanent, affordable rental housing.

Page 3: Stories of Collaboration in Creating Permanent, Affordable Rental

Table of Contents

Andrew’s Glen ......................................................................................................... 1 St. Margaret’s Episcopal Church Imagine Housing

Angle Lake Court .................................................................................................... 2 Lutheran Community Services Northwest Compass Housing Alliance

Cascade Women’s Program ..................................................................................... 3

Immanuel Lutheran Church Compass Housing Alliance

Compass on Dexter ................................................................................................. 4

Denny Park Lutheran Church Compass Housing Alliance

Compass at Ronald Commons .................................................................................. 5

Ronald United Methodist Church Compass Housing Alliance/Hopelink

Compass Veterans Center Renton ............................................................................ 6 Northwest Washington Synod of ELCA Compass Housing Alliance

Dekko Place Apartments .......................................................................................... 7

Gethsemane Lutheran Church Compass Housing Alliance

Emerald City Commons ........................................................................................... 8

Urban Impact/Emerald City Bible Fellowship Mercy Housing Northwest

Nativity House ........................................................................................................ 9

St. Leo Church Catholic Community Services of Western Washington

Northlake Grove Cooperative ................................................................................ 10

Northlake Lutheran Church Compass Housing Alliance

Sortun Court ......................................................................................................... 11 University Congregational UCC University Congregational Housing Association

Page 4: Stories of Collaboration in Creating Permanent, Affordable Rental

University District Apartments ................................................................................ 12 University Christian Church Bellwether Housing

Valor Apartments/God’s Li’l Acre ............................................................................ 13 Seattle Mennonite Church Community Psychiatric Clinic

Page 5: Stories of Collaboration in Creating Permanent, Affordable Rental

Andrew’s Glen St. Margaret’s Episcopal Church/Imagine Housing

4220 Factoria Boulevard SE, Bellevue, WA

Project:

Development of a portion of the parking lot of St. Margaret’s Episcopal Church of Bellevue, Washington, into a four story new construction apartment building that opened in 2011. Andrew’s Glen contains 40 studio, one-bedroom and two-bedroom apartments.

Technical Details

St. Margaret’s Episcopal Church divided its property through a three unit airspace condominium. One unit consisted of the land improved with the Church sanctuary and surface parking and another unit consisted of the land improved with the Church’s thrift shop. The third unit was sold to Imagine Housing (formerly St. Andrew’s Housing Group). Imagine Housing constructed the Andrew’s Glen building. Financing for Andrew’s Glen included grant funds from the Washington State Housing Finance Commission through the American Recovery and Reinvestment Act of 2009, a permanent loan from the Washington Community Reinvestment Association, a permanent loan from the State of Washington Department of Commerce, a permanent loan from King County, and a permanent loan from A Regional Coalition of Cities.

For more information: Bob Jacobs, St. Margaret’s Episcopal Church Sybil Glasby, Imagine Housing

1

Page 6: Stories of Collaboration in Creating Permanent, Affordable Rental

Angle Lake Court Lutheran Community Services Northwest/Compass Housing Alliance

4040 S. 188th Street, SeaTac, WA

Project:

Development of a new construction multifamily apartment building in SeaTac, Washington, at The Village at Angle Lake campus by Lutheran Alliance to Create Housing (now Compass Housing Alliance). Angle Lake Court opened in 2004 and provides 80 units of affordable housing for independent senior citizens living on a low or fixed income. Residents are age 55 or older and earning 30% to 50% of Area Median Income.

Technical Details

The Northwest Synod of the Evangelical Lutheran Church in America (the “Synod”) owned the land, which was the site of a Lutheran church that closed. Lutheran Community Services Northwest (“LCSNW”) received the land from the Synod. LCSNW leased the land under a long term ground lease to a tax credit limited partnership of which Lutheran Alliance to Create Housing (now Compass Housing Alliance) serves as general partner. Angle Lake Court was financed with the proceeds of the sale of tax-exempt bonds issued by the Housing Authority of the County of King, low-income housing tax credits and loans from King County and the State of Washington.

For more information: Beth Boram, Compass Housing Alliance

2

Page 7: Stories of Collaboration in Creating Permanent, Affordable Rental

Cascade Women’s Program Immanuel Lutheran Church/Compass Housing Alliance

South Lake Union, Seattle, WA

Project:

Cascade Women’s Program opened in the Cascade Neighborhood of Seattle in 1999. Cascade Women’s Program offers 32 units of transitional housing for women, along with case management and supportive services. Residents may stay in the program for up to one year while working to overcome barriers to housing. Immanuel Lutheran Community Services operates a food bank next door to Cascade Women’s Program.

Technical Details

Immanuel Lutheran Church conveyed the land (formerly its parsonage property) to a tax credit limited partnership of which an affiliate of Compass Housing Alliance (formerly The Compass Center) served as general partner in 1997. Financing for the Cascade Women’s Program included low income housing tax credit equity, a construction and permanent loan from KeyBank National Association and permanent loans from the State of Washington Department of Commerce and The City of Seattle.

For more information: Beth Boram, Compass Housing Alliance

3

Page 8: Stories of Collaboration in Creating Permanent, Affordable Rental

Compass on Dexter Denny Park Lutheran Church/Compass Housing Alliance

756 John St., Seattle, WA

Project:

Compass on Dexter opened in downtown Seattle in 2014. Compass on Dexter contains 72 units of housing for formerly homeless and low-income men, women and children. On-site amenities include a children’s center, outdoor play area, shared community room and case management.

Technical Details

Denny Park Lutheran Church conveyed the land to a tax credit limited liability company of which Compass Housing Alliance serves as managing member in 2012. The land was approximately .41 acres and contained parking spaces and accessory buildings to the church that were past their useful life. The new Compass on Dexter building includes 72 units of housing, two manager’s units and approximately 4,400 square feet of ground floor office space. Denny Park Lutheran Church holds a long-term lease for use of parking spaces in the new building. Financing for Compass on Dexter included low income housing tax credit equity, a construction loan from Union Bank and permanent loans from the State of Washington Department of Commerce and The City of Seattle. Financing also included an award from the Federal Home Loan Bank of Seattle.

For more information: Pastor Phil Lee, Denny Park Lutheran Church Beth Boram, Compass Housing Alliance

4

Page 9: Stories of Collaboration in Creating Permanent, Affordable Rental

Compass at Ronald Commons Ronald United Methodist Church/Compass Housing Alliance/Hopelink

17920 Linden Avenue, Shoreline Washington

Project:

Compass at Ronald Commons is planned to open in 2017 in Shoreline, Washington. Compass at Ronald Commons is a mixed-use development which upon completion will have 59 units of permanent housing for individuals and families whose incomes are at or below 30% or 50% of Area Median Income and a 12,000 square foot Hopelink Service Center that will include emergency feeding services, adult education classes, energy assistance and emergency financial assistance programs to residents of Lake Forest Park and Shoreline.

Technical Details

Ronald United Methodist Church conveyed the land to a tax credit limited liability company of which Compass Housing Alliance serves as managing member in 2014. The land is approximately .76 acres and is adjacent to the Ronald United Methodist Church. Upon sufficient completion of the improvements, Compass will declare a two unit condominium. One unit will contain the 59 dwelling units and associated improvements and the other unit will contain the Hopelink Service Center. The Hopelink Service Center unit will be conveyed to Hopelink. Financing for Compass at Ronald Commons is intended to include low income housing tax credit equity, a construction loan from Bank of America and permanent loans from the State of Washington Department of Commerce, King County and Compass Housing Alliance.

For more information: Pastor Paula Mccutcheon, Ronald United Methodist Church Beth Boram, Compass Housing Alliance Meghan Altimore, Hopelink

5

Page 10: Stories of Collaboration in Creating Permanent, Affordable Rental

Compass Veterans Center Renton Northwest Washington Synod of ELCA /Compass Housing Alliance

403 S. Second, Renton, WA

Project:

Redevelopment of the Renton Lutheran Church property (then owned by The Northwest Washington Synod of the Evangelical Lutheran Church in America) into a four story new construction mixed use building. Compass Veterans Center Renton contains Luther’s Table coffee shop and event venue, retail space and 58 units of affordable housing. Housing contains both transitional apartments for single veterans and permanent housing for veterans and their families. Luther’s Table is ministry of St. Matthew’s Lutheran Church and the Synod.

Technical Details

Compass Housing Alliance (“CHA”) acquired the property from The Northwest Washington Synod of the Evangelical Lutheran Church in America (the “Synod”) by deed. CHA constructed the new building and declared a three unit condominium. After completion of construction of the improvements, CHA sold the Luther’s Table condominium unit to the Synod. Financing for Compass Veterans Center Renton included a construction loan from a commercial lender, a permanent loan from the Washington Community Reinvestment Association, an award from Federal Home Loan Bank Affordable Housing Program, a grant from the Washington State Housing Finance Commission under the American Recovery and Reinvestment Act of 2009 and a permanent loan from King County.

For more information: Martha Myers, Former Pastor of Renton Lutheran Church Beth Boram, Compass Housing Alliance

6

Page 11: Stories of Collaboration in Creating Permanent, Affordable Rental

Dekko Place Apartments Gethsemane Lutheran Church/Compass Housing Alliance

9th & Stewart Street, Seattle, WA

Project:

Redevelopment of low-rise administration building adjacent to Gethsemane Lutheran Church church sanctuary in downtown Seattle with a seven story mixed use project. The new building contains church administration offices and 50 units of affordable housing serving individuals and families earning between 30 to 60 percent of area median income.

Technical Details

Gethsemane Lutheran Church declared a three unit airspace condominium over the entire property (including existing church sanctuary and footprint of existing administration building). Compass Housing Alliance, through a limited liability company of which it is the managing member, acquired the “Housing Unit” from the church through a purchase and sale agreement and developed the church improvements in the new building under a development agreement with the church. Financing for Dekko Place Apartments included an equity investment from the sale of Low-Income Housing Tax Credits, construction loan from a commercial lender and permanent loans from the City of Seattle Office of Housing and State of Washington Housing Trust Fund.

For more information: Pastor Joanne Engquist, Gethsemane Lutheran Church Beth Boram, Compass Housing Alliance

7

Page 12: Stories of Collaboration in Creating Permanent, Affordable Rental

Emerald City Commons Urban Impact/Emerald City Bible Fellowship/Mercy Housing Northwest

7700 Rainier Avenue South, Seattle, WA

Project:

Development of a vacant site adjacent to Emerald City Bible Fellowship in the Seattle Rainier Valley into a four story new construction mixed use building that opened in 2013. Emerald City Commons contains 60 dwelling units and a ground floor fitness club (Rainier Health and Fitness).

Technical Details

Emerald City Bible Fellowship conveyed the land to Urban Impact in 2009. Urban Impact and Mercy Housing Northwest formed a joint venture in 2012 to co-develop Emerald City Commons. A limited partnership of which Urban Impact and Mercy Housing Northwest are the members of the general partner, constructed the Emerald City Commons building. Upon sufficient completion of improvements, the limited partnership declared a two unit condominium. One unit contains the 60 dwelling units and associated improvements and the other unit contains the ground floor fitness facility space. The Rainier Health and Fitness facility was then conveyed to Urban Impact. Financing for Emerald City Commons included low income housing tax credit equity, a construction loan from Union Bank, and permanent loans from the State of Washington Department of Commerce and The City of Seattle. Financing for the Rainier Health and Fitness facility included a permanent loan from Rainier Valley Community Development Fund.

For more information: Steve Bury, Urban Impact Colin Morgan-Cross, Mercy Housing Northwest

8

Page 13: Stories of Collaboration in Creating Permanent, Affordable Rental

Nativity House St. Leo Church/Catholic Community Services of Western Washington

1401 South Yakima Avenue, Tacoma, WA

Project:

Development of a former parking lot of St. Leo Church in Tacoma, Washington, into mixed use facility that opened in 2015. Nativity House is a 48,000-square-foot complex which includes 50 secure-entry studio apartments for chronically homeless men and women, as well as a day shelter, overnight shelter and feeding program.

Technical Details

The Archdiocese of Seattle conveyed the land to Catholic Community Services of Western Washington in 2013. Catholic Community Services of Western Washington declared a two unit airspace condominium. One unit contains the 50 residential dwelling units and associated improvements and the other unit contains the shelter and meal program space. The unit containing the space for residential dwelling units was then conveyed to a limited liability company of which Catholic Community Services of Western Washington was the managing member. Financing for Nativity House residential project included low income housing tax credit equity, a construction loan from Key Bank and permanent loans from the Pierce County and Tacoma Community Redevelopment Authority. Financing for the shelter project included awards from Pierce County, State of Washington and Tacoma Community Redevelopment Authority and Catholic Community Services of Western Washington capital campaign funds.

For more information: Fr. Steve Lantry, S.J., St. Leo Church Rob Van Tassell, Catholic Community Services of Western Washington

9

Page 14: Stories of Collaboration in Creating Permanent, Affordable Rental

Northlake Grove Cooperative Northlake Lutheran Church/Compass Housing Alliance

18725 68th Ave NE, Kenmore, WA

Project:

Northlake Grove Cooperative is a cooperative rental housing project located on land once owned by Northlake Lutheran Church in Kenmore, Washington, emphasizes tenant involvement and community building and opened in 1997. Northlake Grove Cooperative contains 24 one, two, three and four bedroom apartments for household at or below 35% of Area Median Income.

Technical Details

Northlake Lutheran Church conveyed the land to a tax credit limited partnership of which Lutheran Alliance to Create Housing (now Compass Housing Alliance) serves as general partner. Northlake Grove Cooperative was financed with low-income housing tax credit equity and loans from King County and the State of Washington.

For more information: Kerri Berlin, Site Coordinator Beth Boram, Compass Housing Alliance

10

Page 15: Stories of Collaboration in Creating Permanent, Affordable Rental

Sortun Court University Congregational Housing Association/University Congregational UCC

4550 – 16th Ave NE, Seattle, WA

Project:

Sortun Court contains 16 units of affordable housing available to individuals and households earning between 30% and 60% of area median income. Sortun Court is located adjacent to University Congregational United Church of Christ in the University District of Seattle and opened in 1999.

Technical Details

University Congregational Church gifted the parking lot upon which Sortun Court was constructed to University Congregational Housing Association (“UCHA”). UCHA is a 501(c)(3) non-profit corporation formed in 1983 by members of University Congregational United Church of Christ. Funding for Sortun Court included funds from the City of Seattle Office of Housing and State of Washington Housing Trust Fund. Low Income Housing Institute served as the development consultant to UCHA on the Sortun Court project.

For more information: Susan Heck, University Congregational Housing Association Gail Winberg, University Congregational Housing Association

11

Page 16: Stories of Collaboration in Creating Permanent, Affordable Rental

University District Apartments University Christian Church/Bellwether Housing

Southeast corner of 15th Ae NE and NE 50th Street, Seattle, WA

Project:

University District Apartments is a planned development in the University District of Seattle, Washington, on the site of a parking lot owned by University Christian Church. University Christian Church has contracted to sell the land to Bellwether Housing, who will develop approximately 133 units of housing affordable to low income people, including 40 units for households transitioning from homelessness. The building will include 1500 square feet of nonprofit commercial space on the ground floor and a parking facility for University Christian Church, which is located across the street from the new project. Bellwether anticipates funding for the project to be provided through low income housing tax credit equity, bank loans, the Washington State Housing Trust Fund and the City of Seattle Housing Levy.

For more information: Marsha Tolon, University Christian Church Richard Loo, Bellwether Housing

12

Page 17: Stories of Collaboration in Creating Permanent, Affordable Rental

Valor Apartments/God’s Li’l Acre Seattle Mennonite Church/Community Psychiatric Clinic

12513-7 33rd Avenue NE, Seattle, WA

Project:

Development of two lots containing single family homes into a mixed use building that opened in the Lake City neighborhood of Seattle in 2015. Valor Apartments is a 20,300 square-foot building which includes 21 one bedroom dwelling units for low-income, homeless individuals with a documented chronic mental illness, with a preference for those who have served in the U.S. military. The building also contains approximately 1,500 square feet of ground floor commercial space that is leased by the Seattle Mennonite Church for operation of the God’s Li’l Acre drop in center.

Technical Details

Valor Apartment Associates, an affiliate of Community Psychiatric Clinic, acquired the land from the Seattle Mennonite Church in 2014. Valor Apartment Associates constructed a four story mixed use building on the site. Financing for Valor Apartments included a HUD 202 capital advance and awards from The City of Seattle, State of Washington Department of Commerce and Federal Home Loan Bank of Seattle. Financing for the God’s Li’l Acre leasehold interest was from the proceeds of the sale of the land to Valor Apartment Associates.

For more information: Pastor Melanie Neufeld, Seattle Mennonite Church Shirley Havenga, Community Psychiatric Clinic

13