City of Longview Provides $746,030 HOME-ARP Funds to HOSWWA
Funds to Support the Sunrise Village Housing Project
August 29, 2022
Longview, WA: HOSWWA is happy to announce that the City of Longview has allocated HOME American Rescue Plan (HOME-ARP) funds for our next development project, a new 40-unit low-income housing development in Longview, WA. The City of Longview will be providing $746,030 for development expenses for the Sunrise Village Apartments to be located at 38th and Pennsylvania. Through several separate awards, the City of Longview has awarded a total of $1,188,134 HOME-ARP funds to the project.
In 2021, Cowlitz County had a 1% vacancy rate for all types of housing, driving up costs while availability dwindled. Furthermore, there are more than 328 documented homeless individuals in Cowlitz County, as well as many more who are homeless and not accounted for. By developing Sunrise Village, HOSWWA seeks to provide 40 units of new low-income housing with supportive services.
Sunrise Village will be located at 38th Ave and Pennsylvania St. in Longview, WA, adjacent to Longview Presbyterian Church and near Mint Valley Elementary School. This land was donated by Longview Presbyterian Church specifically for affordable housing for homeless individuals and families.
In addition to the land donation from Longview Presbyterian Church and the HOME funds from the City of Longview, HOSWWA has also received funds from PeaceHealth, Enterprise Community Partners and Community Foundation of SW Washington for the project.
With the addition of this award, $1,598,000 has been committed to Sunrise Village. To meet the expected cost of over $14,715,000, HOSWWA is in the process of applying for further funds from the Department of Commerce’s Housing Trust Fund, Cowlitz County 1406 funds, and Washington State Housing Finance Commission (WSHFC) for Low-Income Housing Tax Credit (LIHTC).
HOSWWA hopes to have Sunrise Village fully funded by December 2022 and to begin construction in early 2023.
About HOSWWA: Housing Opportunities of SW Washington is a regional Housing Authority serving Cowlitz, Lewis, Pacific, and Wahkiakum Counties. The Housing Choice Voucher Program is active in all four Counties with over 1,500 vouchers for clients to utilize in private housing. The Agency also owns or manages 379 units of affordable housing. HOSWWA serves as a regional developer of affordable housing and has an active development pipeline.