A significant development in Skagit County's housing landscape was unveiled during a recent government meeting, where plans for a new 45-unit housing project aimed at residents aged 55 and older were discussed. The project, which is being spearheaded by a knowledgeable board with backgrounds in architecture, banking, and real estate, is designed to provide accessible living options for the elderly population in the area.

The board has engaged Carletti Architects to refine the project, which is currently at a 30% design completion stage. A cost estimate has been prepared, projecting the total construction cost at approximately $8.2 million. The city of Mount Vernon has expressed support for the initiative, with all necessary utilities already on-site, paving the way for a smooth development process.

Financially, the board is working on refinancing existing debts to lower interest rates, which will facilitate funding for the project. Board treasurer Jim Coochie assured attendees that they are on track to be debt-free by the end of next year, positioning them to secure at least 75% financing for the new construction. This financial strategy is crucial as they seek additional funds to cover design costs.

The proposed housing will feature one-bedroom units with common areas for social activities, catering specifically to the needs of older adults. This initiative not only aims to enhance the quality of life for its residents but also addresses the pressing issue of affordable housing in Skagit County.

As discussions continue, the board remains optimistic about the project's future and its potential impact on the community, emphasizing the importance of creating a supportive environment for the county's aging population.