Low Income Housing Institute (LIHI) Spends $18.3MM to Acquire The 76-Unit Clay Apartments in Seattle

By Jack Stubbs The Low Income Housing Institute (LIHI)—an affordable housing developer that develops, owns and operates housing for low-income, homeless and formerly homeless individuals throughout Washington State—recently added another Seattle apartment complex to its portfolio. On March 19th, LIHI spent $18.3 million, or around $240,800 per unit, to acquire the Clay Apartments, a 76-unit […]