File #: 2024-0383    Version:
Type: Ordinance Status: Passed
File created: 11/12/2024 In control: Budget and Fiscal Management Committee
On agenda: Final action: 1/28/2025
Enactment date: 2/6/2025 Enactment #: 19888
Title: AN ORDINANCE authorizing the King County executive to execute an amended and restated affordable housing ground lease with the tenant for the housing elements only of the existing mixed-use affordable housing project on county-owned land located at the Northgate Park and Pool lot, in council district one.
Sponsors: Girmay Zahilay
Indexes: affordable housing, Community, Executive, Housing, Lease, Northgate
Attachments: 1. Ordinance 19888, 2. A. Amended and Restated Ground Lease for Affordable Housing Between King County as Landlord and Northgate Affordable Housing LLLP as Tenant, updated January 17, 2025, 3. A. Amended and Restated Ground Lease for Affordable Housing Between King County as Landlord and Northgate Affordable Houseing LLLP as Tenant, 4. A. Amended and Restated Ground Lease for Affordable Housing Between King County as Landlord and Northgate Affordable Houseing LLLP as Tenant, 5. 2024-0383 Transmittal Letter, 6. 2024-0383 Property Summary, 7. 2024-0383 Fiscal Note, 8. 2024-0383 Legislative Review Form, 9. 2024-0383-0384_SR_Northgate-TOD-Leases-12-02-24, 10. 2024-0383-0384_SR_Northgate-TOD-Leases-01-22-25, 11. 2024-0383_AMD S1 Northgate Res Lease barkhm, 12. 2024-0383_AMD T1, 13. 2024-0383-0384_Revised_SR_Northgate-TOD-Leases
Staff: Bourguignon, Mary
Drafter
Clerk 01/22/2025
Title
AN ORDINANCE authorizing the King County executive to execute an amended and restated affordable housing ground lease with the tenant for the housing elements only of the existing mixed-use affordable housing project on county-owned land located at the Northgate Park and Pool lot, in council district one.
Body
STATEMENT OF FACTS:
1. Consistent with K.C.C. 4.56.070.C.1., in 2018 King County issued a request for qualifications and concepts, number 1207-18-VLN ("the RFQ/C"), through which King County sought proposals for the development of its Northgate Park and Pool lot. Among other things, the RFQ/C required proposals to include a minimum of two hundred units of subsidized affordable housing for a minimum of fifty years to serve households earning up to sixty percent of Area Median Income ("AMI"), with a mix of unit sizes and configurations, and with a minimum of ten percent of the units to be "system connected," serving very-low to extremely-low income households below fifty percent of AMI.
2. The RFQ/C resulted in three proposals and King County selected a developer team and commenced negotiations with the selected team.
3. After extensive negotiations the Metro transit department determined that the county should award a ground lease of a portion of the county-owned land located at the Northgate Park and Pool lot to Bridge Housing Corporation and the entity now known as Community Roots Housing (collectively, "Bridge/CRH") for an affordable housing project to include two hundred thirty-two units of affordable housing for seventy-five years with at least twenty-four units designated for system-connected households with incomes of fifty percent or less of AMI, as well as a child care facility, a comfort station for transit operators, and a commercial space.
4. The Metro transit department successfully negotiated a ground lease with entity managed by Bridge/CRH ("Northgate Affordable Housing LLLP") for a portion of the county-...

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