Meridian plans major boost in affordable housing options
October 15, 2024 | Meridian, Ada County, Idaho
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During a recent government meeting, officials discussed a significant proposal aimed at addressing the pressing need for affordable housing in Meridian. The city's strategic plan has prioritized affordable housing, recognizing that despite a surge in new housing units, many residents remain vulnerable to housing instability. Current market studies reveal a stark contrast between the demand for income-restricted housing and the limited availability, with over 3,000 eligible households competing for just 96 existing units and 76 planned units within a four-mile radius.
The proposed CenterPoint Apartments project, located at Ustick and Eagle, seeks to fill this gap by offering 239 affordable housing units. This development is strategically positioned near major roads and commercial areas, enhancing accessibility for future tenants. The project aligns with Meridian's comprehensive plan, which supports higher density residential uses in designated mixed-use areas.
The proposal has undergone revisions to address concerns raised during previous hearings, including density and building heights. The updated plan reduces the number of units by 40 and maintains building heights consistent with existing approvals, ensuring a smooth transition to neighboring properties. The development will also feature quality amenities and green building standards, including solar carports to help reduce utility costs for residents.
City officials emphasized the importance of this project in providing affordable housing options for low to medium-income residents, including teachers and healthcare workers. The property will be deed-restricted for 40 years to ensure long-term affordability. The project has garnered support from various community organizations, highlighting the urgent need for affordable housing in the area.
In summary, the CenterPoint Apartments project represents a critical step toward meeting Meridian's housing needs, providing quality living spaces for residents who currently struggle with high market rents. The city council is expected to deliberate on the proposal in the coming weeks, with strong community backing and a clear alignment with city planning goals.
The proposed CenterPoint Apartments project, located at Ustick and Eagle, seeks to fill this gap by offering 239 affordable housing units. This development is strategically positioned near major roads and commercial areas, enhancing accessibility for future tenants. The project aligns with Meridian's comprehensive plan, which supports higher density residential uses in designated mixed-use areas.
The proposal has undergone revisions to address concerns raised during previous hearings, including density and building heights. The updated plan reduces the number of units by 40 and maintains building heights consistent with existing approvals, ensuring a smooth transition to neighboring properties. The development will also feature quality amenities and green building standards, including solar carports to help reduce utility costs for residents.
City officials emphasized the importance of this project in providing affordable housing options for low to medium-income residents, including teachers and healthcare workers. The property will be deed-restricted for 40 years to ensure long-term affordability. The project has garnered support from various community organizations, highlighting the urgent need for affordable housing in the area.
In summary, the CenterPoint Apartments project represents a critical step toward meeting Meridian's housing needs, providing quality living spaces for residents who currently struggle with high market rents. The city council is expected to deliberate on the proposal in the coming weeks, with strong community backing and a clear alignment with city planning goals.
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