Home Finance King County Acquires 80-Unit Affordable Housing Development for $32MM as Part of Healthy Housing Initiative
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King County Acquires 80-Unit Affordable Housing Development for $32MM as Part of Healthy Housing Initiative

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King County, Canton Lofts, Nitze-Stagen, Seattle, Healthy Housing Initiative, Elliot Bay, Pioneer Square, Renton, Aurora, Redmond, Auburn, Federal Way, Stone
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By Catherine Sweeney  In an effort to support its unhoused population, King County is purchasing hotels, motels and apartment buildings to turn into affordable housing properties. In its most recent acquisition, the County paid $32 million, or $400,000 per unit, for the newly built Canton Lofts. Located at 224 S. Washington Street in Seattle, the […]

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