Developing affordable and attainable housing is the YVHA mission. And since voters approved ballot measure 5A, to provide funding, they have been tremendously successful.

If YVHA fails to build 420 units in the first six years of the agreement, or if the city cannot obtain appropriate grant funding, the city can cease issuing building permits.

The city attorney has repeatedly said there is no financial risk to the city, or its residents.

This development will be financed exactly like other YVHA developments through a combination of STR taxes, federal tax credits, philanthropic grants, and private capital.

There will be no impact to current city services, or to the general operating fund of the city.

In fact, for every household in Brown Ranch, YVHA will contribute $1,200 per year to the general operating fund of the city for services like snow plowing, street maintenance, etc. The city provides these same services to other residents at a loss of almost $600 per household.

The development plan was created by the community, for the community. The unit number projections fit well within population projections generated by both the city and the state for growth within the Urban Growth Boundary.

As housing demand projections change, so will the Brown Ranch plan.

Each neighborhood includes affordable and attainable single-family homes, condos, townhomes, and apartments.

Residents must be working locals or retirees from local employers. Brown Ranch must be their primary residence, and short-term rentals will not be allowed.

It provides housing options for working local families with incomes from $20,000 to $189,000.

At least 40 percent of the homes in Brown Ranch will be ownership units.

As local housing preferences and needs change, the types of homes and ownership mix can also change.

The development plan includes space for services and stores for the west side of town.

These include a food market, childcare facilities, medical services, a non-profit center, and a long-time community need—an indoor recreational facility for everyone.

It also includes funding for U.S. 40 improvements that would otherwise not be available.

Every home will be within two blocks of a park or open space.

Of the 420 acres included in the annexation, 45% will be parks or open space.

Two community parks, totaling almost 40 acres, will be dedicated to the city.

The Core Trail will be extended through the Brown Ranch.

There are 114 acres of permanent open space outside the Urban Growth Boundary not included in the annexation.