Lincoln City, a beach town of 9,000 on Oregon’s central coast, continued its goal of helping address the affordable workforce housing crisis by repurposing existing public properties.
The city’s redevelopment partner, Innovative Housing Inc. (IHI), received its permits in September and broke ground on a 107-unit affordable housing project on NE 25th Street. Currently, the site is being prepared for the retaining walls, with the next step being the foundations.
The property on the highway was once a former gas station, and the eastern portions of the development were known as “Iris N Ranch”, a family residence converted into a convalescent home before the buildings were removed in the early 1990s. 1970. The property has not been used since then.
Now that construction is underway, IHI is focusing on another critical point of the project: building the potential application process. IHI is currently taking names for a list of interested residents and will develop a future rental application process beginning in mid-2023. Residents could potentially move into the neighborhood during the first part of 2024.
Individuals and families interested in learning more about the future application process can put themselves on an “interest list” by contacting IHI’s Leah Cooper at [email protected]
In addition to creating more housing choices, Lincoln City will also benefit from IHI’s expertise in helping new tenants and landlords find stability and growth in their new homes.
“I am thrilled to see this great partnership project get off the ground as I better understand and learn about the housing needs of our community,” said Lincoln City Manager Daphnee Legarza.
IHI responded to the city’s 2018 Request for Expressions of Interest (RFEI) for the 25th Street site and other publicly owned parcels. IHI has over 35 years of development experience and operates nearly 1,000 affordable units in Oregon
Lincoln City is a classic Oregon Coast community, offering a small beach town vibe with seven miles of sandy beach within walking distance. It is made up of seven commercial and neighborhood districts along Highway 101. These historic neighborhoods each have a distinct personality with roots in art, commerce, surfing, fishing and tourism: Roads End, Wecoma Beach, OceanLake, DeLake, Nelscott, Taft and Cutler. Town.
For more information about the city or the URA, or about this redevelopment project, visit https://www.lincolncity.org/departments/economic-development, or contact: Alison Robertson Director, Lincoln City Economic Development & Urban Renewal Agency PO Box 50 Lincoln City, Oregon 97367 541-996-1095.