A new senior housing complex is about to open its doors in Eagle River. But despite the fact that residents have yet to move in, the building is nearly full.
Carol Gore, CEO of Cook Inlet Housing, said the agency received more than 80 applications from people who want to live in the new Coronado Park Senior Village, a building with 56 one- and two-bedroom apartments. That’s not a huge surprise, Gore said, considering that Alaska has the fastest growing senior population in the country and affordable housing for seniors is in huge demand.
Apartments at Coronado Park are identical, but Gore said there is a big difference in what individual tenants might pay in rent. The project is considered “mixed income.” Twenty percent of units will go for the market rate, the rest will be income-based.
“All that means is that there are some units where anyone can live, no matter what their income level,” Gore said. “Other units, that look exactly the same, will pay a reduced rent.”
Signs posted at an open house for the new building indicated rents for a two bedroom would range between $830-$1,135, depending on income.
Gore said if people were interested they should still apply for a spot with Cook Inlet Housing Authority, and some two-bedroom units are still available.