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2. Project Description 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 services or construction, maintenance, or improvement of housing facilities, <br />including a proposed timeline for completion. (300 words max.) <br />The proposal is to develop a 50 unit affordable housing project in the City of Cie 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 30%AMI units and 50% AM[ units. Approximate housing <br />costs for residents will range from $427 to $712 for one bedrooms and $513 to $855 for two <br />bedrooms. These prices will normally increase over time typically 101�2% annually. With the <br />median rent in Kittitas County being $1,192.00, 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 Hope5ource direct <br />assistance including; housing stability, food security, employment skill development, and <br />budgeting. Further, a source of Permanent Supportive Housing funds will be requested at a <br />future time to suppoert homeless persons without income. <br />