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home : business : business October 21, 2018


10/10/2018 8:21:00 AM
Applications for apartments soon
By Sue Stafford


The number of affordable apartment units available in Sisters is receiving a boost this month with the acceptance of applications for Ponderosa Heights Apartments, the new affordable apartment complex on Brooks Camp Road.

To encourage local participation, applications will be accepted only in person at the Tamarack Apartment complex at 555 N. Larch St. in Sisters. Applicants may apply Monday, October 22 through Thursday, October 25 from 9 a.m. to 6 p.m.

Applicants may apply at any point during the four-day wait list opening. There is no preference given to those who apply early. Applying during the opening will enter the applicants into a lottery. Their names will be placed on the wait list in order of the randomly assigned lottery numbers. Applicants will be contacted beginning at the top of the lottery list and offered an apartment until all available units are rented. Applicants that are not selected during the lease-up process will remain on the wait list.

The apartments, which are managed by Epic Property Management, are restricted to households earning no more than 60 percent of the area median income (AMI) for the household size. A single-person household would need to have an annual income of $29,280 or less. Maximum rents will range from $650 for a one-bedroom unit, $730 for a two-bedroom, and $1,244 for three bedrooms. Water, sewer and garbage are included in the rental amount.

The finished complex will consist of 48 units including 32 one-bedroom, eight two-bedroom, and eight three-bedroom units. Three of the apartments are ADA compliant. Two of the two-bedroom and all of the three-bedroom units are set aside for clients of DHS Child Welfare or Self-Sufficiency Programs.

The three-bedroom units have Project-Based Voucher (PBV) assistance attached to them. This means the approved residents will pay approximately 30 percent of their gross income towards rent and utilities. Applicants must not exceed 50 percent of the AMI. For the two two-bedroom set asides, applicants can't exceed 60 percent of the AMI.

There are six separate buildings in the complex and two accompanying parking lots. The first four buildings are scheduled to be ready for occupancy by the end of December. The final two will come on line a month later.

The apartment interiors have dove gray walls with white trim throughout, carpeted bedrooms, a walk-in closet in the master bedroom, combination shower/tub in the full bathroom, and come with stackable washers and dryers. Ground-level units have back doors leading to a small concrete pad.

The complex will have a community room with a leasing office, and there is a playground. There are more one-bedroom apartments in this complex in response to what HousingWorks heard was needed from the community.

To apply for an apartment, an application must be filled out, including information on verifiable income or previous year's tax returns, all income and assets, and government-issued photo identification for all applicants and co-signers. A non-refundable application fee of $40 in the form of a cashier's check or money order must accompany the application. Security deposits will range from $400 - $1,244. Residents with pets will be required to pay a $300 pet deposit.

During a tour of the complex with David Brandt, HousingWorks executive director, and Kelly Fisher, program development manager, Brandt told The Nugget, "The entire project has gone really well. The City Council seemed to be really on board with bringing affordable housing to

Sisters."

The complex was made possible when the City Council agreed to provide $300,000 to the project, which is financed with funds secured by HousingWorks, including awards from the U.S. Department of Agriculture and the U.S. Department of Housing and Urban Development, as well as passive tax credit investors. The property must remain affordable for a period of 60 years.

More information is available at www.epicopenings.net or call 541-549-0143.







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