Ethos Development, in partnership with Transcending Hope and Monta Knudson Consulting, has been granted unanimous approval by the Washington County Board of Commissioners for an $8.15 million grant. This significant funding will support the creation and operation of 39 stabilization housing units designed to assist high-acuity individuals.
In response to a Notice of Funding Opportunity (NOFO) released by Washington County Health and Housing Services in July, Transcending Hope joined forces with Ethos Development and Monta Knudson Consulting to submit a comprehensive proposal that addresses the pressing need for affordable housing in the community.
With their extensive experience in various types of housing projects, including trauma-informed sober living and stabilization units, Ethos Development is well-equipped to ensure cost-effective designs that cater specifically to residents’ needs. The three-story wood-framed development is expected to be completed within 18-24 months from now.
This exciting news was first reported on Connect CRE’s website as part of our commitment towards keeping our readers informed about important developments within commercial real estate industry.
