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Item #20 · Regular City Council Meeting

Council to update ground lease for 101-unit senior housing at Graymont

the City Attorney · Aug 18, 2026
Grants & Federal Funding
$1 , Green tier (under $50,000)

If approved, would finalize HUD-required amendments to the 75-year ground lease with Veranda, unlocking development of 101 affordable senior rental units and an early learning center at the former Graymont School site (300 8th Avenue West).

Counterparty: Veranda at Graymont School LP Funding source: Federal Grant Action type: Ordinance Location: 300 - 8th Avenue West

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