Vincent de Paul Bremerton announced on Monday that it has secured the entire $22.4 million needed to fund the first phase of its Star of Hope capital campaign.
Securing the full capital amount prior to ground disturbance insulates the nonprofit organization from inflationary spikes in construction materials.
Constructing 38 Supportive Homes at Callow Avenue and 13th Street Adjacent to the emergency shelter, workers will erect a new four-story residential building designated as Stella Praespero.
Skyrocketing median rents in Bremerton, driven partly by regional spillover from Seattle and civilian workforce growth at Puget Sound Naval Shipyard, have outpaced wage increases for retail, service, and entry-level industrial workers.
Information detailed on the St.
A $3 million grant from the Medina Foundation closes the capital campaign for 38 deeply affordable homes, a 47-bed emergency shelter expansion, and a renovated market on North Callow Avenue.