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6. Q: How is the project aligned with broader objectives set by local and state officials? A: This project targets Objective 4 of the Kittitas County Homeless Plan and is aligned with Governor lnslee's Reducing Poverty and lnequality Priority and is closely aligned with the City of Ellensburg Plan. 7. Q: How is "affordable" being defined? A: We recognize that the term affordable has different meanings for each person's unique situation. The U.S. Department of Housing and Urban Development (HUD) considers housing to be affordable if it costs no more than 30% of a household's income. Households paying more than 3O% of their income for housing are considered to be cost-burdened, while households paying more than 50% are severely cost- burdened. Asof 20L8, it is estimated that 3,740 households in Ellensburgare cost- burdened (a8% of all Ellensburg households) and 2,L50 households are severely cost- burdened (28o/o of all Ellensburg households). 8. Q: What are the income levels of the people who will be served through this project? A: This project will serve people who face the highest barrier to stable housing, who are earning at or below 60% of area median income (very low-income). 9. Q: With only a limited number of units available, how are potential residents being prioritized? A: Affordable housing will prioritize applicants from very-low-income households. For these units, priority is given to homeless households. Prioritization will be based on the length of time homeless and the severity of the household's needs. Homeless families with children are served by the HopeSource Family Shelter. 10. Q: How long will it take to renovate the Nites lnn and develop the additional housing on the property? A: Once funding is secured, we hope to begin renovations as soon as possible with a goal of opening of the building for affordable housing by the end of 2022.lf not funded in this first round, we expect the additional renovation of the building will be complete by the end of 2023, assuming a smooth development process. The four acres adjacent to the building would go into the affordable housing tax credit cycle process in 2023 to build over 40 units of affordable housing by 2O25-2G. 11. Q: What is the status of your funding and permitting process for the new property? A: At present, we are hoping to secure SZSOK from the City of Ellensburg. The funds requested will fund half of the purchase of the property. HopeSource is pursuing an additionalSZSOf from the County Document Recording Fees and funds from HopeSource for earnest money, legal fees, and closing costs. We will also seek funding for building rehabilitation later from public and private sources. 12. Q: Do you have a name for the new project and if not, when willthe name be announced?