LSS Housing, Inc. proposing to build 24 units of rental housing
Monday, November 3rd, 2008LSS Housing, Inc is proposing to place 24 units of rental housing in Watford City on land currently owned by the Housing Authority. According to Jessica Thomasson, director of the subsidiary of Lutheran Social Service of North Dakota, the cottage-like homes are designed to offer a warm, cozy and relaxed lifestyle i n a neighborhood you would be proud to call home.
On Nov. 2, 2008, Thomasson addressed about 20 people in the basement of First Lutheran Church in Watford City, fielding questions about the proposal, displaying architect drawings and floor plans of the one and two bedroom homes. The duplexes are to be constructed indoors, assembly-style in Minnesota. The one-bedroom “paired cottage” home contains 480 square feet, while the two-bedroom “paired cottage home” has 576 sq. ft.
Every unit would have off-street parking for two cars, as a one-stall garage and a driveway space. Each home will have its own private outdoor patio space, a voulted ceiling, vinyl siding, white windows with 2 x 6 exterior walls, electric baseboard heat and air conditioning from a centrally located wall unit. The kitchen will have a range, fridge, dishwasher and the possibility of a mounted microwave.
Rent range
The proposal notes that half of the units will be reserved for people earning no more than approximately $43,000 per year for a single person ($49,000 for a two-person family.) Rents are expected to range from $450 to $550 per month, plus seperate water and utility costs.
The other half of the units would be available to anyone interested in living in the neighborhood. For people who earn more than the above-stated amonts, the rent paid should range form $600 to $700 per month, plus the utilites.
financing
LSS Housing, Inc. will be seeking both tax exempt bond financing and community donation, as LSS Housing is a non-profit organization. Accoring to the proposal literature, every dollar raise in support of the Cherry Creek Cottages project will help keep the project affordable to people who want to live, work and retire in the community.
in lieu of taxes
“After two years of renting, we will agree to make an annual payment to the city in lieu of taxes,” stated Thomasson, who can be reached at jthomasson@lssnd.org or 701-271-3201. She is heading up the new LSS Housing program. She is working in partnership with HUD, USDA and North Dakota housing finance partners in order to map out opportunities and areas of need.
Why Watford City?
Watford City would be the first community to receive this development of rental housing done by this organization. Fifteen to 20 other communities were considered, but Watford City, according to Thomasson, had a location complete with infrastructure waiting to be used and in good shape, located along the truck bypass, east of the Housing Authority’s housing development. The town is perceived as progressive and well-comprehending of its people’s needs and how to set about meeting those needs.
When might the housing be available?
Valentine’s Day 2009 might see the units ready for residency, if all the processes for approval go well.
On Nov. 10 the project will face the Planning and Zoning meeting and the following week face the hearing on the bond, according to Thomasson.