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Rock Cove

 

Assisted Living in Stevenson, Washington

"Columbia Cascade Housing Corp. (CCHC) received a permanent mortgage loan from WCRA, which enabled our organization to develop a 30-unit assisted-living facility in Stevenson. Our project involved a unique ground lease from Skamania County, which the WCRA was able to accommodate in their providing of permanent mortgage financing. Without the WCRA's creativity, total commitment to the project, willingness to entertain a mortgage on a long-term favorable ground lease, and overall responsiveness to the non-profit's financing needs, the project would not have become a reality. The WCRA was timely in their performance, open to different financing alternatives, highly professional in all of our dealings, totally cooperative, and committed to making our project a reality."
   —Ruby Mason, Director, Columbia Cascade Housing Corp.

Stevenson, a rural Washington town overlooking the Columbia River about 45 miles east of Vancouver, lacked sufficient housing for people who require assistance in their daily living activities. This was just the sort of need served by Columbia Cascade Housing Corp., a 501(c) 3 entity that currently owns and operates 58 units in six projects located in Washington and Oregon. With loans from WCRA and Washington State Community Trade and Economic Development and on land leased from Skamania County, CCHC developed Rock Cove Assisted Living Facility. This 30-unit building is set within walking distance of a city-sponsored senior center, minutes from a new medical clinic, and next door to the Columbia Gorge Interpretive Center and Skamania Lodge.

Each apartment contains a living area, kitchenette, and fully-accessible bathroom. The building includes a living room with fireplace, full-service kitchen, dining room, conference room, and staff offices overlooking a river estuary. Residents are able to draw on meal, linen, housekeeping, and personal care and nursing services, depending on individual need.

 

Washington Community Reinvestment Association
1200 Fifth Avenue, Suite 1406
Seattle, WA 98101
206-292-2922 ~ 800-788-6508 ~fax 206-292-0782 info@wcra.net

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