

Workforce Housing
Overview
The City of Stanley is in the process of developing Workforce housing. This small community lacks stable year round housing for many essential workers like teachers, firefighters, and healthcare providers. Through grants and other funding sources Stanley is working to improve housing.
Estimated Timeline
March 9, 2024
Congress approved $4 million HUD grant for workforce housing
The HUD grant is earmarked funds, designated by Congress, for the City. These funds expire August 31, 2032.
March 2025
Development company selected
There was a competitive bid process and and a rank committee was formed with the City Council and a local builder. This committee selected the Northwest Real Estate Capital Corp. as the development company.
March 2025
Selected site analysis and survey company
SWCA will complete the environmental site analysis, wetlands delineation, and cultural resources survey were ordered as part of the environmental review by Idaho Housing and Finance Association.
SWCA is writing the environmental analysis for the whole project and work will begin as soon as snow is gone from the site. These surveys must be done before any ground disturbance takes place.
April 2025
Select engineering firm for infastructure
By the end of April the engineering firm will be selected. Companies have been sending in bids.
April 2025
Sign lease and development agreement with Northwest RECC
Northwest RECC was chosen but have not signed a lease or agreement yet. The City will own the property and buildings and have oversight of the contract but Northwest RECC will manage the housing, collect rent, and upkeep.
April-May 2025
Town Hall meetings to identify preferred housing designs, materials, and amenities
Northwest is planning to conduct some meetings to interact with community. They will provide schematics and preliminary designs that will need to be refined. Community input will be solicited.
May 2025
Complete rental market survey
A rental study is required by the Idaho Housing and Finance Association. They will look at average income, rental rates, and what can be supported by the community.
June 2025
Complete housing preliminary design to determine infrastructure requirements
Northwest RCC will present a design to the community after working with them to determine needs.
July 2025
Complete the environmental analysis
The environmental analysis is required prior to any construction. Hopefully this will be accomplished by the end of June.
July 2025
Pass ordinance to annex and zone property
The area that will be annexed by the City must be surveyed. All the land affected and used for workforce housing must be within the City’s current area of impact. It includes all the National Forest System Lands that are near sulfur flats and the Stanley Museum to the current city boundary.
August 2025
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May begin some infrastructure work
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Developer may apply for low income housing tax credits
November 2025
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Apply for community development block grant for infrastructure
January 2026
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Developer selects contractor for entire projects
March 2026
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Final plan submitted to HUD for approval of design and building requirements
April 2026
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Groundbreaking for housing
May 2027
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Construction completed