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Washington State Housing Finance Commission

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AECFinanceIndustry NewsNews ReleasesResidential

Great Expectations Closes 102-Unit Puyallup Affordable Housing Project Without Tax Credits

A 102-unit affordable housing development in Puyallup has closed financing without Low-Income Housing Tax Credits therough the combination of recycled tax-exempt bonds, a...

groundbreaking
AECIndustry NewsResidential

HASCO Breaks Ground on $46.7MM, 124-Unit Leonard Crossing Affordable Housing Complex in Marysville

HASCO broke ground on Leonard Crossing, a $46.7MM, 124-unit affordable housing complex in fast-growing Marysville.

mj-haru-EOpC4EtSwLk-unsplash-apartments
AECIndustry NewsResidential

YWCA Taps Truebeck to Raze Century-Old Belltown Building for 83-Unit Affordable Housing Project in Seattle

The YWCA Seattle | King | Snohomish is preparing to demolish its century-old Lexington-Concord Apartments in Belltown and replace them with a seven-story,...

Process of cutting the red ribbon during the grand opening of a new property.
AECIndustry NewsResidential

SRM and Urban League Cut Ribbon on 207-Home Altaire at Jackson Park in North Seattle

The North Seattle community, backed by Amazon, the Washington State Housing Finance Commission and the Seattle Office of Housing, targets workforce renters earning...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsPortlandResidential

Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up

A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

BRIDGE Housing Opens 84-Unit St. Luke’s Apartments, Bringing First Affordable Housing to Seattle’s Ballard in Over Two Decades

The eight-story community, developed on land owned by the Episcopal Diocese of Olympia, will serve households earning up to 60 percent of Area...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFinanceIndustry NewsResidential

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,...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

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...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

Bellwether Housing Prisma Apartment Project in Redmond to Deliver 328 Units Near Light Rail Station

Six-story affordable housing development at 2888 Da Vinci Ave. NE targets 2028 opening with income-averaging model Redmond is advancing its ambitious housing expansion...

Seattle skyline
AECIndustry NewsResidential

Horizon House Breaking Ground on 33-Story Senior Living Tower Following $600MM Bond Financing in Seattle

Seattle nonprofit secures largest senior living financing on record as 70 percent of tower’s 202 units pre-sell amid historic occupancy highs and construction...

Housingn construction worker on the site
AECIndustry NewsResidential

Seattle Church Partnership Breaks Ground on 92-Unit Affordable Housing Development

Mixed-use project marks first use of city’s density bonus program for religious institution land New Hope Community Development Institute and the Low Income...

Seattle skyline
AECIndustry NewsResidential

New Hope Community Development Institute’s 92-Unit Housing Project Breaks Ground in Seattle’s Central District

Church-owned 71,000-square-foot, $54 million project will bring income-restricted units to the neighborhood Seattle’s Central District, long a focal point of debates around affordability...

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