Project brief · Proposed
Up to fifty homes,
delivered in phases.
Every element below is proposed and subject to zoning, utility capacity, underwriting and partner approval.
| Element | Proposed |
|---|---|
| Homes | Up to 50, delivered in phases |
| First phase | 10–20 homes, sized to confirmed site and utility capacity |
| Home type | Detached factory-built homes, permanent foundations, two or more bedrooms on family units |
| Target households | Income-qualified, targeting at or below 50% of area median income on subsidized homes, with deeper targeting where operating subsidy supports it |
| Affordability term | Recorded restriction for the term the funding source requires, up to 60 years |
| Lead applicant | Eligible Washington nonprofit, tribe, housing authority or local government |
| Our role | Development management, factory sourcing, construction coordination, long-term operations, under written contract at disclosed compensation |
| Capital approach | Layered stack designed to work without competitive low-income housing tax credits |
Sequence
What has to be true
before anyone applies.
01
Site control on the land
Documented in writing, not asserted.
02
Zoning & utility feasibility
This determines the real unit count.
03
A lead applicant, formally engaged
A term sheet, not a letter of interest.
04
A budget and site plan
Factory cost separated from site work.
05
An operating model that survives
Reserves and compliance staffing funded.
06
Affordability in recordable form
Instrument and term fixed before submission.
What is unresolved, on purpose.
- Unit count is unproven. Fifty is a planning figure.
- No lead applicant is committed. Outreach is underway.
- Infrastructure cost is unpriced. The largest variance risk.
- Our track record is small. Eleven homes, a few months of operations.