I want to applaud OlyCAP for all they do to help the homeless and others on our Peninsula, but your article on their Port Townsend Housing project in Friday’s paper (“Affordable housing project starts to take shape,” PDN, June 28) confuses me.
They plan to build 44 units of mostly one- and two-bedroom apartments on existing Jefferson County land and need to raise $16 million?
That works out to almost $364,000 per apartment unit.
At that rate, isn’t it more cost effective to purchase 44 multi-bedroom houses, which could house even more people?
Or could they work with Habitat for Humanity, that includes the new owner in the build, to create even more housing units at lower cost?
Is there something missing here, besides a respect for math and the cost of money?
Dan Nieuwsma,
Port Townsend