Through collaboration with the Vancouver Housing Authority (VHA), Rhododendron Place is the new construction of one three-story building with a total of 30 LIHTC homes. This building consists of 23 studio apartments set-aside for households earning up to 30 percent of AMI and seven studio apartments set-aside for households earning up to 50 percent of AMI. 23 of the homes are reserved for occupants who qualify as homeless, and all of the homes are restricted for people with behavioral health disorders.
It is required that 100 percent of the homes are permanent supportive housing to individuals with behavioral health disorders who are medically fragile and have been diagnosed with a chronic behavioral health disorder. Columbia River Mental Health Services, a private non-profit community mental health center, provides supportive services to all of residents within the new development, free of charge. These services include child and family services, youth services, mentoring, drug and alcohol treatment, employment services, medical, supported housing and treatment programs.
The property features a community patio space that’s equipped with a picnic table, a green space for passive and active recreation, 4 garden boxes for residents to utilize, a computer lab, central laundry, and on-site management. The property is conveniently located within walking distance to a plethora of grocery stores and restaurants.
The 9 percent Low-Income Housing Tax Credit (Housing Credit) was used to finance the property, with syndication provided by Hunt Capital Partners, LLC. The Housing Authority of the City of Vancouver developed the property.