125-Unit Affordable Housing Project Underway in Everett
What happened
A 125-unit affordable apartment building is under construction at 25 Garvey Street in Everett. The project, which is the first new affordable family rental housing built in Everett in over 50 years, is being built by The Neighborhood Developers and Impact Residential. Vertical construction is complete, and crews are currently working on the interior. Seventy percent of the units are prioritized for Everett residents.
Why it matters
The project increases the local housing stock in Everett. By providing new affordable rental homes, the development helps address local affordability goals for families.
Who's involved
- EverettLocation of the new affordable housing development.
- TriangleA company whose increased residential density could drive demand for local commercial services.
- city councilThe legislative body that provides regulatory support for the housing project.
- Snohomish CountyThe county where the new housing supply contributes to planning goals.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Snohomish CountySpeculative
Increased housing supply could contribute to county-level planning and affordability goals.
- TriangleSpeculative
Increased residential density from the new project could drive demand for local commercial services.