Edmonds celebrates opening of $30M affordable housing development
EDMONDS — Madrona Highlands, a 52-unit, $30 million affordable housing development in Edmonds, will begin moving in new tenants by the end of the month.
Housing Hope, the Everett-based nonprofit that builds affordable housing across Snohomish County, managed the project. On Tuesday, it celebrated the completion, along with community members and representatives from federal, state, county and city governments in attendance.
“This helps all of us drive down the cost of housing,” said Sen. Maria Cantwell, who toured the new apartments Tuesday. “That’s the way people need to look at it, supply drives down cost.”
The Edmonds Lutheran Church, located next to the apartments, owned the 1.35-acre property before selling it to Housing Hope. Pastor Tim Oleson said the flat piece of land had been used for baseball games and, in the distant past, a horse track. The church spent years finding a partner to create affordable housing on the property. Housing Hope proved to be the perfect solution.
https://www.heraldnet.com/news/edmonds-celebrates-opening-of-30m-affordable-housing-development/