Everett Breaks Ground on Senior Affordable Housing

A new 67-unit community in Everett will offer affordable housing options for adults aged 55 and older by 2028.

Updated on Oct. 28, 2026 in Eldercare

Everett Breaks Ground on Senior Affordable Housing

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Housing Hope has broken ground on a new 67-unit affordable housing community in Everett designed for adults aged 55 and older. The project at 2624 Rockefeller Avenue aims to reduce housing instability among the local older population.

Why it matters

This development addresses critical housing instability and homelessness among older residents by creating specialized, affordable living options. It leverages a partnership between non-profits and religious organizations to secure land and funding for the project.

The project adds 67 new units to Housing Hope’s existing portfolio of 600 units across 24 sites. The development’s specific tenant income thresholds and final application process remain under development as construction begins.

The players

Housing Hope

A non-profit organization that owns and manages affordable housing units in Snohomish County.

HumanGood Affordable Housing

A non-profit developer that partners on housing projects for older adults.

Everett United Church of Christ

A local religious institution that provided the development site at a reduced cost.

The details

The housing community is being developed through a partnership between Housing Hope and HumanGood Affordable Housing. The project utilized land sold at a discounted price by the Everett United Church of Christ to facilitate the build. Funding includes $3.9 million from state sources and $1.1 million from federal grants, with the remainder of the $39.4 million cost expected to be covered by federal tax credits and municipal support.

Timeline

  1. October 26, 2026: Ground was broken on the housing project.

  2. 2028: The building is expected to be finished.

Health Landscape

The project follows a standard financing pattern by utilizing federal low-income housing tax credits to complete its $39.4 million budget. It aligns with broader regional efforts to expand housing supply as a social determinant of health for an aging population.

Access to stable, affordable housing is a key factor in long-term health and wellness for older adults. Residents should monitor future project announcements to understand eligibility, especially regarding income thresholds set at 30% or 50% of the area median income.

The takeaway

Stable housing is a foundational element of health, particularly for aging individuals who need consistent access to care and community. Keep an eye on local development updates in Everett to stay informed about future availability and application requirements for new senior housing.

Further reading

Find more resources on navigating local housing support and health options in Everett Eldercare.

Source note: This article includes information reported by My Northwest.

Live Poll

Should your local government prioritize funding new affordable housing specifically for older adults?