HRB at the Oliver

History and vision

The Oliver (formerly Wyatt & Madison) will be an 80-unit, mixed-income rental community in downtown Winslow. Thirteen will be owned and managed by HRB.

In 2019, the financially strapped Housing Kitsap was looking to sell its 13-unit property at 550 Madison Avenue. The residents launched a passionate campaign, “Save 550 Madison Avenue,” broadcasting their plight on social media, petitioning Housing Kitsap, and ultimately generating widespread support in a community growing increasingly concerned with the lack of affordable housing.

HRB was likewise concerned and made a bid to buy the property and preserve the units in one form or another. Madison Avenue Development (MAD) submitted a bid too. It planned to develop the site, along with its adjoining parcels, as an 80-unit market-rate apartment complex.

Subsequent conversations revealed MAD also wanted to preserve the affordable units. HRB and MAD ultimately entered into an agreement that would allow HRB to purchase 13 homes at the cost to build and add them to its community land trust, ensuring that they remain affordable in perpetuity to low-income households.

Construction, May 2024