$50K available for Chelan-based affordable housing projects

The briefing

The Chelan City Council approved a revised Affordable Housing Grant Fund policy making $50,000 available annually through October 15 for affordable housing projects within city limits. Funded through state shared tax revenue and developer contributions, the program aims to break down barriers for households at or below 120% of Area Median Income. Finance Director Heidi Evans noted that the fund will be effectively exhausted after three years without additional contributions.