Introducing Willowcrest
Willowcrest, a sustainable community land trust neighborhood, officially being developed by Homestead will be the first of its kind neighborhood in King County. The multi-unity homeownership program is both affordable to low/moderate-income households and designed to reduce utility costs and climate impacts. Located in Northeast Renton, the land for the project was provided by Renton Housing Authority.
In total, the 12 townhomes, of both three and four bedrooms, will achieve net-zero energy usage through highly efficient systems, construction, and the use of solar panels for onsite energy generation. The units are stocked with energy-efficient systems such as insulated hot water pipes and efficient pipe routing, thermal pane windows, three-zone ductless mini-split heating/cool systems. Not to mention, a significant portion of features are made from recycled materials, including quartz countertops from recycled stone cutting waste, recycled fiber cement siding, and cork-based flooring.
Willowcrest homes will be priced below $315,000. Through one-time investments that subsidize the initial price of Willowcrest homes, and through partnerships with homebuyers, Homestead will keep the townhomes affordable to all subsequent income-qualified homebuyers permanent. This means the 12 homes will give up to 80 households over the next 50 years the social, health, and financial benefits of an affordable, fixed housing payment in a quality home.
