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Issaquah’s Real Estate Tax Fund Heads for Deficit by 2029 as City Bets $7.5MM on Transit-Oriented Housing
Issaquah's finance staff have flagged that the revenue streams tied most directly to the local real estate market are weakening at the same...
King County Housing Authority Announces Groundbreaking on 154-Unit Trailhead Apartments in Issaquah
Nearly a decade after the city first solicited proposals for the site, the King County Housing Authority has started construction on an eight-story...
Bellevue Puts $25MM on the Table for Affordable Housing, Pairing Sales Tax Dollars With $11MM in One-Time Reserves
Bellevue’s Office of Housing is soliciting proposals from affordable housing developers and operators for up to $24.95 million in capital and operating funding,...
Dickson Crews Tear Down Stalled Bellevue Hotel Foundation, Clearing 4.5-Acre Site for SRM’s 146-Unit Altaire Project
The teardown ends a six-year stall on a Mercer Slough-adjacent parcel and resets the path for one of Bellevue’s largest affordable housing deliveries....
Bellevue Advances Record $37MM Affordable Housing Investment Spanning 271 Units Across Four Projects
The City Council’s largest single funding round draws from both the Housing Stability Program and a newly tapped Affordable Housing Fund to accelerate...
Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue
Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...
Bellwether Housing Breaks Ground on 328-Unit Prisma Affordable Housing Project Adjacent to Light Rail in Redmond
The $168.7 million transit-oriented development on Sound Transit surplus land targets deeply affordable units in one of the region’s most expensive corridors Bellwether...
207-Unit Eastrail Flats Opens in Downtown Woodinville
Apartment community with retail space launches across from Schoolhouse District, introducing city’s first affordable housing component A new mixed-use development has officially opened...
BRIDGE Housing Breaking Ground This Week on Bellevue’s Largest Affordable Housing Community in the Heart of the Spring District
BRIDGE Housing, in partnership with public and private stakeholders, will celebrate the groundbreaking of a transformative affordable housing community in Bellevue’s Spring District...
LIHI Purchases 68-Unit Aventine Apartments in Downtown Bellevue for $29.2MM
(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $29.2 million, or approximately $429,411 per unit.)...
TWG and Amazon Host Groundbreaking Ceremony on New 170-Unit Senior Affordable Housing Property in Kirkland
Ardea at Totem Lake will create 170 new affordable, transit-oriented homes for seniors in the Seattle area KIRKLAND, Wash. (May 2, 2024) –...
The Dilemma of Affordable Housing in Redmond: Balancing Community Concerns and Homelessness Solutions
In the heart of Redmond, Washington, a new initiative aimed at mitigating the city’s housing crisis and providing affordable housing options is underway....
