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i, <br /> _ :�>` <br /> - � <br /> ` + �.h <br />� � <br /> :�� <br /> �EATTLE MG�R �—GAGE ^dm'�'S,�°'"a°'"°° '`. <br /> 229QueanAnneAvenueNodh I �" `f� <br /> P.O.�oxC19102 -`� � <br /> Soattle.WA9B109 � ` <br /> (206)281-1500 � _. '�F, <br /> ToIIFree(Wash.Sfate)1-BOO�G43-6510 '� ' <br /> February 'L5, 1988 � <br /> Bill Buescher <br /> I <br /> Senior Services of Snohomish Co. ' <br /> 3402 112th Street S.W. <br /> Everett, WA 98204 <br /> Re: Yarking Requirements for Low-income Elaerly Apartments i <br /> Dear Sill: ' <br /> Seattle Mor�gage Company l�as Uean invol.ved in assisting the Financing of over 35 II <br /> elderly projects throughout the m,r`.hwest and have found that elderly and handicapped <br />� require fewer parking stalls than the typical mul.tifamily lioiising development. Listed <br />� below are several projects we have assisted w1�h conments regardLng the parktng;tenant <br /> relationship. <br /> PROJECT/LOCATION COPIDiLN'fS <br /> Pinewood Ptanor 38 units - 35 parking stal.ls <br /> Bremerton. Washingt�n 4fanager quo[es "too many stalls with 10 residenCs <br />� using the parking. <br /> Kincaid Court 40 units - 30 stalls <br /> Sumner, Washington Pfanager quotes "it is more than enough with half <br /> the tenants using the parking." <br /> Emilie House 41 units - 11 stalls <br /> Portland, Oregon Adequate - could use a couple more, 11 residents <br /> using parking caith company parking on the street. <br /> 300 I4ain 26 units - 11 stalls <br /> Estacada, Oregon OK on a day to day basis. Not enough with a <br /> lat of guests. Eight tenants using parking. <br /> ElUert House 50 units - 25 stalls <br /> Uellevue, Washington Recently expan3ed from 17 stalls to accomodate <br /> guest parking. <br /> Centennial Pfanor 40 units - 15 stalls <br /> Iioise, Idaho tldequate with eight tenants having cars. <br /> Pfost of the managers find that the el.derly are singl.e women that have contact witli <br /> family for transportation as well as utilizing the bus system. The income levels of <br /> these people is typically not Ligh enough to support a car aPter the iirst two or <br /> three years. When L'he tenant becomes familiar w:ith the surround'tiigs the use oP a car <br /> and expense becomes unecessaty. <br />