Back in March we put out a call to all workforce housing innovators. The Strategic Economic Development Corporation (SEDCOR), Newberg Workforce Housing Consortium (NWHC), and the MMHF released an RFP seeking innovative ideas to develop workforce housing to serve Newberg employers. The funding for this work came to SEDCOR through the efforts of Representative Anna Scharf. Seven proposals were submitted for consideration, and after careful review, we are thrilled to announce two proposals that the Consortium will initially support.
The first winning team includes Cory Redding of CD Redding Construction, Philip and Katrina Higgins (of Pacific Crest Real Estate Advisors), and landowner Gary T. Baker, who submitted a proposal to build over 60 units of rental housing overlooking the Willamette River. Funding support for this project would enable units to be delivered at workforce rents versus market rate rents.
The second winning team includes Edlen and Co. and Quantum Assembly, who submitted a proposal to build workforce housing using Edlen and Co.'s development expertise and Quantum Assembly's innovative prefabricated buildings. The Consortium is now working to find the right site and how best to support this partnership.
Erik Andersson, President of SEDCOR, said, “SEDCOR and the NWHC were appreciative of all seven organizations who invested the time to submit proposals to create more workforce housing in Newberg and Yamhill County. These innovative ideas hold enormous potential for our Consortium members and their employees. We are thrilled to be working with two teams who have inspired us with their vision in the next phase of project development.”
There are many details to sort out, but the NWHC, SEDCOR, and the MMHF are excited to move forward and build innovative workforce housing that can serve as models for the rest of the state. As we like to say, there is no silver bullet that will solve 100% of our needs but working in partnerships like these will lead to outcomes more powerful than individual efforts alone.
Comentarios