Buying units developed by a private sector construction company is a cost-efficient way to supplement the number of units that VHA can add as affordable housing in Clark County
Vancouver Housing Authority is seeking ways to leverage its relationship with local developers and contractors to increase the area’s affordable housing stock. There are two options VHA would like to explore:
- Purchase and sale agreements for properties under construction or planned construction; in this arrangement, VHA would sign an agreement that provides for VHA acquisition once the project is complete. VHA would not be involved in the design or financing of the construction.
- Master lease/purchase options; VHA would master lease a building with an option to purchase it once funds are secured.
VHA has many projects in play and proposed projects that are being developed in house. However, buying units developed by a private sector construction company is a cost-efficient way to supplement the number of units that VHA can add as affordable housing in Clark County.
For more information, contact VHA Executive Director Roy Johnson at (360) 993-9500 or rjohnson@vhausa.com.
Information provided by Vancouver Housing Authority.
Also read:
- Letter: Interstate Bridge Replacement $13.6 billion estimate is too low!
Bob Ortblad argues the Interstate Bridge Replacement Program’s $13.6 billion cost estimate understates the true expense, citing comparable projects, construction challenges, and engineering assumptions. - Opinion: ‘The drama and the waste of taxpayer money continues’
Rep. John Ley outlines his objections to the approved fixed-span I-5 Bridge design, citing cost concerns, engineering standards, funding uncertainty, and opposition to light rail and tolls. - Coast Guard approves fixed-span design for new Interstate Bridge
The U.S. Coast Guard has approved a fixed-span design for the new Interstate Bridge, clearing a major hurdle for the Interstate Bridge Replacement project. - Business Profile: Handel’s Ice Cream opens its first shop in Washington, in Vancouver
Handel’s Ice Cream has opened its first Washington location in east Vancouver, with a grand opening planned for Jan. 17. - Opinion: Why vote no on the Battle Ground School District levy?
Dick Rylander outlines why he believes voters should reject the Battle Ground School District levy, citing costs, enrollment trends, test results, and district spending priorities. - Letter: The multi-million dollar cash grab in Washington schools
Yacolt resident Mark Rose argues that rising superintendent salaries conflict with classroom cuts and repeated levy requests in Clark County school districts. - Discover your future at WSU Vancouver’s Preview Day, Jan. 24
WSU Vancouver will host a free Preview Day on Jan. 24, offering prospective students and families an inside look at campus life and academic opportunities.
