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Home My WebLink AboutAgendaPacket_SKHHP_AdvisoryBoard_2025_10_2 SKHHP Advisory Board October 2, 2025 3:30 – 5:30 PM Zoom Meeting Zoom Link: https://us06web.zoom.us/j/89734407973?pwd=cnlISFU4dXFJaFN5TGIwTWlxZHlNZz09 Meeting ID: 897 3440 7973 Password: 981696 Phone: 253-215-8782 Time Agenda 3:30 Welcome / Introductions / Opening 3:35 September 4, 2025 Meeting Minutes 3:40 SKHHP Legislative Forum Update 3:45 SKHHP Housing Capital Fund Application Review 5:20 Updates / Announcements -Housing Capital Fund Evaluations due on October 23, 2025 5:30 Closing Page 1 of 2 SKHHP Advisory Board Meeting September 4, 2025 MINUTES I. CALL TO ORDER Dorsol Plants called the meeting to order at 3:33 PM. ROLL CALL/ESTABLISHMENT OF QUORUM Advisory Board members present: Kent Hay, Hamdi Abdulle, Angela Weikel, Jessica de Barros, Dr. Damarys Espinoza, Kathleen Hosfeld, Menka Soni, Brady Nordstrom, Maria Arns. Other attendees: Claire Goodwin, SKHHP; Dorsol Plants, SKHHP; Ryan Makinster, Habitat for Humanity SKKC. Menka Soni joined at 4:00 PM. II. AUGUST 7, 2025 MEETING MINUTES Kathleen Hosfeld motioned to approve the August 7, 2025 minutes, seconded by Jessica de Barros. Motion was approved. (8-0) IV. SKHHP 2026 WORK PLAN – GOAL 3 AND 4 Dorsol Plants presented Goals 3 and 4 from the SKHHP 2026 Work Plan and Budget to the Board. V. SKHHP HOUSING CAPITAL FUND UNDERWRITING ADDENDUM Claire Goodwin presented and reviewed the SKHHP Housing Capital Fund Underwriting Addendum with the Board. VI. SKHHP HOUSING CAPITAL FUND APPLICATION OVERVIEW Dorsol Plants reviewed the six applications submitted to the 2025 SKHHP Housing Capital Fund with the Board. VII. SKHHP HOUSING CAPITAL FUND EVALUATION FORM Dorsol Plants reviewed the Housing Capital Fund evaluation form to provide an overview of the 2025 evaluation process with the Board. VIII. UPDATES & ANNOUNCEMENTS Dorsol Plants invited the Board to the SKHHP Legislative Forum on September 19, noting it will be a special Executive Board meeting. Claire Goodwin expressed the Executive Board's excitement about including the Advisory Board in this opportunity to share SKHHP’s work. Hamdi Abdulle invited the Executive and Advisory Boards to a luncheon on October 10, hosted by the African Community Housing and Development, to learn about the organization's accomplishments. Claire Goodwin reminded Board members to notify Dorsol Plants of their attendance to prevent quorum issues. Page 2 of 2 Dorsol Plants announced that the January 2026 Advisory Board meeting is canceled as the date falls on a holiday. The December 4 Advisory Board meeting will be an informal meeting to celebrate the Board's accomplishments and welcome newly appointed members for 2026. IX. CLOSING/ADJOURN Dorsol Plants adjourned the meeting at 4:52 PM. ____________________________ Dorsol Plants, Program Coordinator October Meeting Dorsol Plants, SKHHP Program Coordinator Claire Goodwin, SKHHP Executive Manager October 2, 2025 SKHHP Advisory Board Green River Homes in Auburn, WA Photo courtesy KCHA “Seattle is a wonderful city. It's really a boom town … And boy, is it crowded. I stopped one guy on the street and said, 'How do you get a room here?' And he said, 'I don't know. I'm the mayor, and I live in Tacoma.” – Bob Hope King County Planning Commission ca 1937-1959 Photo courtesy King County Archives Background •SKHHP members pool resources from SHB 1406, HB 1590, and the general fund for affordable housing construction and preservation/rehabilitation •ILA for pooling sales tax receipts to administer funds under RCW 82.14.530 and RCW 82.14.540 2025 Housing Capital Fund Schedule 2 Oct. 2025 Advisory Board Application Review 17 Oct. 2025 Executive Board Application Update October 23,2025 Evaluation Forms Due 6 Nov. 2025 Advisory Board Final Recommendation 21 Nov. 2025 Executive Board Adopt Funding Recommendation Conflict of Interest “A potential conflict of interest arises when a board member stands to benefit from an action the Advisory Board takes or has another interest that impairs, or could be seen to impair, the independence or objectivity of the Advisory Board. The minutes of any board meeting at which a matter involving a conflict of interest or potential conflict of interest was discussed or voted upon shall include: the name of the interested party and the nature of the interest, and the decision as to whether the interest presented a conflict of interest.” King County Public Health TB Bus in Burien, WA ca. 1955. Photo courtesy King County Archive Project sponsor and name Location # of units Project type Amount requested HB 1590 eligibility SHB 1406 eligibility Archdiocesan Housing Authority – Franciscan Apartments Burien 39 Rehabilitation Rental $2,500,000  African Community Housing & Development – African Diaspora Cultural Anchor Village SeaTac 129 New Construction Rental $3,500,000  St. Stephen Housing Association – Steele House Renton 6 New Construction Rental $1,820,850  Mental Health Housing Foundation – Steel Lake Federal Way 20 New Construction Rental $1,500,000  Bellwether Housing – Renton Sage Renton 284 Rehabilitation Rental $1,210,102  Multi-Service Center – Maple Lanes Estates Kent 16 Rehabilitation Rental $922,000  TOTAL REQUEST BY ELIGIBILITY $11,452,952 $9,320,850 $11,452,952 TOTAL AVAILABLE $3,474,000 $2,552,000 $922,000 Archdiocesan Housing Authority – Franciscan Apartments Franciscan Apartments - Summary Developer: Archdiocesan Housing Authority Amount Requested: $2,500,000 Number of Units: 39 Population Served and AMI level: Seniors aged 62 and over who earn up to 50% AMI Eligible SKHHP Funding Source: Both Location: Burien Housing Type: Preservation - Rental 8 Franciscan Apartments – Units by Size & Affordability AMI 1-bedroom Total Units 50%39 39 Total Units 39 39 Franciscan Apartments – Project Schedule Activity Date Site Control 1981 Building Permits Issued 5/1/2026 Begin Construction 7/1/2026 Issued Certificate of Occupancy Ongoing Franciscan Apartments – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$2,500,000 Applied Lument $5,418,000 Applied King County $1,400,000 Applied Reserves $347,800 On-Hand TOTAL $9,665,800 Franciscan Apartments – Funding Uses Proposed use Amount Per Unit Acquisition $1,099,638 -- Construction $7,281,585 -- Soft Costs $816,904 -- Other Development Costs $467,673 -- TOTAL $9,665,800 $247,841 Franciscan Apartments Observations, Issues, and Concerns Franciscan Apartments - Questions & Discussion Franciscan Apartments - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025 African Community Housing & Development – African Diaspora Cultural Anchor Village African Diaspora Cultural Anchor Village - Summary Developer: African Community Housing & Development Amount Requested: $3,500,000 Number of Units: 129 Population Served and AMI level: African Diaspora immigrant and refugee households at or below 60% AMI Eligible SKHHP Funding Source: SHB 1406 Location: SeaTac Housing Type: New Construction - Rental 17 African Diaspora Cultural Anchor Village – Units by Size & Affordability AMI Studio 1-bedroom 2-bedroom 3-bedroom 4-bedroom Total Units 30%1 2 4 6 1 14 40%1 5 12 13 3 34 50%2 8 13 16 4 43 60%1 6 14 14 2 37 Manager Units ----1 ----1 Total Units 5 21 44 49 10 129 African Diaspora Cultural Anchor Village – Project Schedule Activity Date Site Control 12/1/2023 Building Permits Issued 9/25/2026 Begin Construction 10/12/2026 Begin Lease-up 6/2/2028 Issued Certificate of Occupancy 6/1/2028 African Diaspora Cultural Anchor Village – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$3,500,000 Applied LIHTC $36,191,383 Will Apply King County $10,481,554 Applied State of WA HTF $12,000,000 Applied CHIP $1,000,000 Applied Perm Debt $12,929,768 HTF Appropriations $3,880,000 Committed Amazon $9,500,000 Will Apply Deferred Fee $2,500,000 Contributed Fee $2,000,000 RESIDENTIAL TOTAL $93,982,705 ACHD Sponsor Loan (Non-Residential)$18,184,525 Applied LIHTC (Non-Residential)$2,686,201 Will Apply TOTAL $114,853,431 African Diaspora Cultural Anchor Village – Funding Uses Proposed use Amount Per Unit Acquisition $8,164,875 -- Construction $80,079,881 -- Soft Costs $15,660,709 -- Other Development Costs $10,947,965 -- RESIDENTIAL TOTAL $93,982,705 $728,548 Non-Residential Costs $20,870,726 -- TOTAL $114,853,430 -- African Diaspora Cultural Anchor Village Observations, Issues, and Concerns African Diaspora Cultural Anchor Village - Questions & Discussion African Diaspora Cultural Anchor Village - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025 St. Stephen Housing Association – Steele House Steele House - Summary Developer: St. Stephen Housing Association Amount Requested: $1,820,850 Number of Units: 6 Population Served and AMI level: Low-income families at or below 50% AMI Eligible SKHHP Funding Source: Both Location: Renton Housing Type: New Construction - Rental 26 Steele House – Units by Size & Affordability AMI 2-bedroom Total Units 50%6 6 Total Units 6 6 Steele House – Project Schedule Activity Date Site Control 1/21/2025 Building Permits Issued 4/15/2026 Begin Construction 4/16/2026 Begin Lease-up 3/2/2027 Issued Certificate of Occupancy 4/16/2027 Steele House – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$1,820,849.88 Applied Seller Note $295,000 Committed City of Renton $500,000 Committed Apple Health and Home $1,000,000 Applied Sponsor Operations and Service Agreements $125,285.48 Committed Medina Foundation Grant $75,000 Committed TOTAL $3,816,135 Steele House – Funding Uses Proposed use Amount Per Unit Acquisition $295,000 -- Construction $2,527,168 -- Soft Costs $635,332 -- Other Development Costs $358,635 -- TOTAL $3,816,135 $636,023 Steele House Observations, Issues, and Concerns Steele House - Questions & Discussion Steele House - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025 Mental Health Housing Foundation – Steel Lake Steel Lake - Summary Developer: Mental Health Housing Foundation Amount Requested: $1,500,000 Number of Units: 20 Population Served and AMI level: Individuals severe mental illness at 30% and 50% AMI Eligible SKHHP Funding Source: Both Location: Federal Way Housing Type: New Construction - Rental 35 Steel Lake – Units by Size & Affordability AMI 1-bedroom 2-bedroom Total Units 30%10 2 -- 50%5 2 19 Manager Units 1 --1 Total Units 16 4 20 Steel Lake – Project Schedule Activity Date Site Control 12/23/2024 Building Permits Issued 2/1/2027 Begin Construction 3/15/2027 Begin Lease-up 1/1/2028 Issued Certificate of Occupancy 3/15/2028 Steel Lake – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$1,500,000 Applied HTF $5,732,155 Applied FHLB $1,700,000 Applied KC HFU $2,393,679 Applied Sponsor $123,749 Committed CHIP $378,483 Applied TOTAL $11,828,066 Steel Lake – Funding Uses Proposed use Amount Per Unit Acquisition $710,000 -- Construction $8,910,608 -- Soft Costs $1,480,283 -- Other Development Costs $727,175 -- TOTAL $11,828,066 $591,403 Steel Lake Observations, Issues, and Concerns Steel Lake - Questions & Discussion Steel Lake - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025 Bellwether Housing – Renton Sage Renton Sage - Summary Developer: Bellwether Housing Amount Requested: $1,210,102 Number of Units: 284 Population Served and AMI level: Households earning less than 80% AMI Eligible SKHHP Funding Source: SHB 1406 Location: Renton Housing Type: Rehabilitation - Rental 44 Renton Sage – Units by Size & Affordability AMI 1-bedroom 2-bedroom Total Units 50%28 29 57 60%34 48 82 80%70 75 145 Total Units 132 152 284 Renton Sage – Project Schedule Activity Date Site Control 9/20/2022 Building Permits Issued Roof Begin Construction 4/1/2026 Begin Lease-up N/A Issued Certificate of Occupancy N/A Renton Sage – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$1,210,102 Applied Citi Community Capital $44,700,000 Committed Amazon $39,760,000 Committed HTF $5,000,000 Applied TOTAL $90,670,102 Renton Sage – Funding Uses Proposed use Amount Per Unit Acquisition $84,460,000 -- Construction $6,085,900 -- Soft Costs $124,202 -- Other Development Costs $0 -- TOTAL $90,670,102 $319,261 Renton Sage Observations, Issues, and Concerns Renton Sage - Questions & Discussion Renton Sage - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025 Multi-Service Center – Maple Lanes Estates Maple Lanes Estates - Summary Developer: Multi-Service Center Amount Requested: $922,000 Number of Units: 16 Population Served and AMI level: Households earning 30% and 50% AMI Eligible SKHHP Funding Source: SHB 1406 Location: Kent Housing Type: Rehabilitation - Rental 53 Maple Lanes Estates – Units by Size & Affordability AMI 2-bedroom Total Units 30%5 5 50%11 11 Total Units 16 16 Maple Lanes Estates – Project Schedule Activity Date Site Control 11/16/1993 Building Permits Issued 4/30/2027 Begin Construction 5/1/2027 Begin Lease-up N/A Issued Certificate of Occupancy 12/31/2027 Maple Lanes Estates – Funding Sources Funding source Proposed Amount Status SKHHP (2025)$922,000 Applied Property Cash Flow $30,968 TOTAL $952,969 Maple Lanes Estates – Funding Uses Proposed use Amount Per Unit Acquisition $4,000 -- Construction $869,510 -- Soft Costs $72,459 -- Other Development Costs $7,000 -- TOTAL $952,969 $59,561 Maple Lanes Estates Observations, Issues, and Concerns Maple Lanes Estates - Questions & Discussion Maple Lanes Estates - Evaluation •The evaluation form is in the application folder •You will have 5 minutes to begin completing the evaluation form before we move to the next project. •All evaluation forms must be completed by October 23, 2025