From: Scott Anderson, Clackamas County Public & Government Affairs, 503-655-8752
Clackamas County will host a groundbreaking event at Rosewood Terrace, a new housing development project.
The project will feature 112 one-bedroom homes, 92 two-bedroom homes, and eight three-bedroom homes for residents at or below 60 percent of the area median income. The project will redevelop the current structures with approximately $67.1 million of investment, consisting of the rental apartments which will made up of six residential structures, including one which will be mixed-use. The mixed-use structure will house various management/leasing offices, amenities for tenants and maintenance work spaces.
- Time: 9:30 a.m.
- Date: Wednesday, June 13
- Location: Rosewood Terrace, 8810 SE Otty Road in Happy Valley
Construction is slated to be completed in February 2020.
This project provides needed workforce housing during a housing crisis and helps Clackamas County reach its goal of 800-1200 new affordable homes in the next seven years. It also generates funds for the Housing Authority that will be used to work with developers to build new affordable homes.
Learn more about Rosewood Terrace at www.bit.ly/2M8WNLS.
For more information, members of the media or public may contact Scott Anderson at firstname.lastname@example.org or 503-655-8752.