HASCO Breaks Ground on $90.1MM, 124-Unit The Bow Tie Near Lynnwood Light Rail, Amazon’s First New-Build Affordable Deal in Snohomish County

The Housing Authority of Snohomish County has started construction on The Bow Tie, a two-building, 124-unit affordable community a short walk from Lynnwood’s light rail station, stitching together tax-credit equity, bonds, public money and $6.5 million from Amazon’s Housing Equity Fund to cover a roughly $726,600-per-unit cost.