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2. ProJect Descriptlon Summary: Provide a brief summary the project being proposed and <br />a general description of how it will address homelessness or affordable housing in <br />Kittitas County. Be sure and indicate whether the proposal is intended to provide direct <br />client servlces or construction, maintenance, or improvement of housing facilities, <br />including a proposed timeline for compietion. {:OO words max,) <br />The proposal is to develop a 50 unit affordable housing project in the Clty of Cle Elum. The <br />units will be a mixture of 2 bedroom units and 1 bedroom units including flats and town homes <br />Unit set asides will be a mixture of 3O% AMI units and 50% AMI units. Approximate housing <br />costs for residents will range from5427 to $zrz for one bedrooms and 5513 to Sg55 for two <br />bedrooms. These prices will normally increase over time typically LYo-2o/o annually. With the <br />median rent in Kittitas County being S1,192,00, we do not expect any problems with filling <br />these units and expanding the county's ability to serve the upper county low income <br />households for decades to come. The project will also be supported by HopeSource direct <br />assistance including; housing stability, food security, employment skill development, and <br />budgetlng. Further, a source of Permanent Supportive Housing funds will be requested at a <br />future time to suppoert homeless person-s without income. <br />5