TO: Chair and Housing Authority Commissioners
THROUGH: Krishna Namburi, Executive Director
FROM: Nicole Utz, Director of Housing
SUBJECT:
title
Redwood Crossings Lease Agreement for six transitional housing units
Ward(s): All Wards
Commissioners(s): All Commissioners
Neighborhood(s): All Neighborhoods
Result Area(s): Safe and Healthy Community; Welcome and Livable Neighborhood
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SUMMARY:
summary
A lease between Salem Housing Authority and Redwood Crossings, LLC, which is solely owned by Salem Housing Authority, for six transitional housing units at Redwood Crossings using opioid settlement funds for the Pilot Shelter Recovery Program.
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ISSUE:
Shall the Salem Housing Authority Board of Commissioners approve the signing of the Redwood Master Lease Agreement for the purpose of providing six transitional housing units?
RECOMMENDATION:
recommendation
Approve the signing of the Redwood Master Lease Agreement for the purpose of providing six transitional housing units.
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FACTS AND FINDINGS:
The Salem Housing Authority will utilize opioid settlement funds for the operation of six transitional housing units at Redwood Crossings for the Pilot Shelter Recovery Program. The quarterly rent at the commencement of the term of this lease shall be the sum of $23,594. The term of the lease shall be for one year upon the approval of this agreement.
BACKGROUND:
The Salem Housing Authority authorized the formation of Redwood Crossings LLC, an Oregon limited liability company, of which the SHA serves as the sole member and manager, to serve as owner of the property. The Property, 4075 and 4107 Fisher Road NE, consists of a 19,336 square foot multi-family building and a 0.58 acre parcel of vacant land. Acquisition of the Property was completed on October 5, 2018. Redwood Crossings serves Salem’s most vulnerable residents using a “Housing First” model, aimed at housing those in need first and then offering wrap around services. Housing creates stability as a first step to establishing a path to self-sufficiency.
Nicole Utz
Director of Housing
Attachments:
1. Redwood Master Lease Agreement