Crews will break ground on the 51-unit Camas Ridge mixed-income apartment complex on Prune Hill this week.
The Vancouver Housing Authority recently awarded the project to KeyWay Corp., Inc., based out of Tigard, Ore., on a low bid of $5.11 million.
The total construction budget is $7.56 million. Funding sources include $3.25 million in private activity bonds through U.S. Bank, $1.5 million from the Washington State Department of Commerce Housing Trust Fund, and $473,224 in loans and grants from Clark County HOME, Community Development Block Grant and 2060 funds. The Vancouver Housing Authority is providing equity of $2.33 million.
The two-building 46,190 square foot project, located on three acres at the corner of Northwest 28th Avenue and Logan Street, will have 15 one-bedroom units, 20 two-bedroom units, and 16 three-bedroom units. Ten of the units will be completely accessible to individuals with disabilities.
All units will be energy efficient, and the design and construction follows “Evergreen Sustainable Development Standards.”