Mills Crossing will provide affordable housing to Kitsap County area residents
Mills Crossing will provide affordable housing to Kitsap County area residents
TACOMA, Wash, June 20, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it has closed on the sale of the Mills Crossing townhomes in Bremerton, Washington for $14,250,000 to Kitsap Community Resources.
"The sale of our first of six multi-family projects is a milestone for the Company and a testament to the team's hard work and dedication. We are pleased to partner with Kitsap Community Resources on the sale of Mills Crossing, which provides families in Kitsap County meaningful access to affordable housing," stated Sterling Griffin, President and CEO of Harbor Custom Development, Inc.
Since 1965, Kitsap Community Resources has served as a community action agency striving to end poverty. The KCR Housing division serves the needs of families and individuals in Kitsap County who are homeless or at risk of becoming homeless. The company provides services to help prevent eviction, find affordable housing options, and help stabilize families in crisis situations.
"Kitsap Community Resources is proud to work with Harbor Custom Development, Inc. on this important project. Together, in collaboration with many community partners in Kitsap County, this represents a small piece of a much larger puzzle to combat the existing housing crisis within our community and across the region. By providing safe and affordable housing, the Mills Crossing townhome project will benefit vulnerable families and the city as a whole," stated Kitsap Community Resources Executive Director, Anthony Ives.
Mills Crossing is a 36-unit townhome project located at 1003 Little Haven Lane, Bremerton, Washington, one block from the Kitsap Transit Center on Highway 303 in East Bremerton. Tenants have convenient access to the downtown Bremerton amenities, including local shopping, farmer's markets, waterfront parks, community restaurants, Olympic College, and convenient ferry service to Seattle. The two-bedroom, two-bathroom townhome rentals average 1,425 square feet.
About Kitsap Community Resources KCR is a dynamic partner in the Kitsap County Community. KCR touches ten percent of the 277,000 residents of Kitsap County's population through a variety of programs. The organization's services and programs include Housing and Homelessness services; Veteran's assistance; WIC (Women Infant Children) nutritional food program; Early Head Start and Head Start; WIOA (Workforce Innovation Opportunity Act); BEST (Business Education Support Training); GED instruction and testing; job training and placement services; food services for Meals on Wheels Kitsap and early learning centers; Weatherization; Energy assistance; and other community support services. KCR operates 11 sites throughout Kitsap County. For more information about KCR, please visit for all KCR services and locations.
About Harbor Custom Development, Inc. Harbor Custom Development, Inc. is a real estate development company involved in all aspects of the land development cycle, including land acquisition, entitlements, construction of project infrastructure, home and apartment building, marketing, and sales of various residential projects in Western Washington's Puget Sound region; Sacramento, California; Austin, Texas and Punta Gorda, Florida. As a land developer and builder of apartments, and single-family luxury homes, Harbor Custom Development's business strategy is to acquire and develop land strategically based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces. Harbor focuses on acquiring land with scenic views or convenient access to freeways and public transportation to develop and sell residential lots, new home communities, and multi-story apartment properties within a 20 to 60-minute commute of the nation's fastest-growing metro employment corridors.
Forward-Looking Statements Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations Hanover International IR@harborcustomdev.com 866-744-0974
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Mills Crossing
ミルズ・クロッシング
ミルズ・クロッシングは、キトサップ郡地域の住民に手頃な価格の住宅を提供します
ミルズ・クロッシングは、キトサップ郡地域の住民に手頃な価格の住宅を提供します
ワシントン州タコマ、2023年6月20日 (GLOBE NEWSWIRE) — 土地開発サイクルのあらゆる側面に関与する不動産会社であるハーバーカスタムデベロップメント株式会社（ナスダック：HCDI、HCDIP、HCDIW、HCDIZ）（「ハーバー」、「ハーバーカスタムホームズ」、または「当社」）は本日、ミルズクロッシングのタウンホームの売却を終了したと発表しましたワシントン州ブレマートンで、Kitsap Community Resourcesに14,250,000ドルで寄付しました。
「Kitsap Community Resourcesは、この重要なプロジェクトでハーバーカスタムデベロップメント社と協力できることを誇りに思っています。キトサップ郡の多くのコミュニティパートナーと協力して、これはコミュニティ内および地域全体に存在する住宅危機に対処するためのはるかに大きなパズルのほんの一部にすぎません。ミルズ・クロッシングのタウンホーム・プロジェクトは、安全で手頃な価格の住宅を提供することで、脆弱な家族や都市全体に利益をもたらすでしょう」と、キトサップ・コミュニティ・リソース担当エグゼクティブ・ディレクター、アンソニー・アイブスは述べています。
キトサップコミュニティリソースについて KCRはキトサップ郡コミュニティのダイナミックなパートナーです。KCRは、さまざまなプログラムを通じて、キトサップ郡の人口277,000人の住民の10パーセントを対象としています。この組織のサービスとプログラムには、住宅およびホームレスサービス、退役軍人援助、WIC（女性乳児）栄養食品プログラム、アーリー・ヘッド・スタートとヘッド・スタート、WIOA（労働力革新機会法）、BEST（ビジネス教育支援訓練）、GEDの指導とテスト、職業訓練と職業紹介サービス、Meals on Wheels Kitsapと早期学習センター向けのフードサービス、耐候性、エネルギー支援、その他の地域支援サービスが含まれます。KCRはキトサップ郡全体で11のサイトを運営しています。KCRの詳細については、KCRのすべてのサービスと場所をご覧ください。
ハーバー・カスタム・デベロップメント株式会社について ハーバー・カスタム・デベロップメント Development, Inc. は、ワシントン州西部のピュージェット湾地域、カリフォルニア州サクラメント、テキサス州オースティン、フロリダ州プンタゴーダにおける土地取得、権利付与、プロジェクトインフラの建設、住宅やアパートの建設、マーケティング、販売など、土地開発サイクルのあらゆる側面に関わる不動産開発会社です。アパートや一戸建ての高級住宅の土地開発および建設業者としてのハーバーカスタムデベロップメントの事業戦略は、人口増加パターン、資格制限、インフラ開発、地政学的要因の理解に基づいて、戦略的に土地を取得し開発することです。ハーバーは、国内で最も急成長している地下鉄の雇用回廊から20〜60分以内の住宅用地、新しいホームコミュニティ、複数階建てのアパートを開発および販売するために、景色の良い土地や高速道路や公共交通機関へのアクセスが便利な土地を取得することに重点を置いています。
