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Groundbreaking Ceremony
Lake City Family Housing
70 affordable apartments in the Lake City neighborhood of Seattle
The Low Income Housing Institute invites you to attend the groundbreaking ceremony for Lake City Family Housing on Tuesday, August 15th at 11:00am at 12705 - 30th Ave., NE., Seattle.
Located in the Lake City Urban Village and set to open in late fall 2018, Lake City Family Housing will be a 6-story mixed-use project. It will offer 70 units affordable to those making 30% to 60% of the King County Area Median Income. The unit mix includes 15 studios, 25 one-bedrooms, 25 two-bedrooms and 5 three-bedroom apartments. The first floor includes a four-classroom preschool to be operated by the Refugee Women's Alliance (ReWA). A roof top deck, resident gardens and solar array are features of this sustainable building designed by Runberg Architecture Group. Walsh Construction Co. is the general contractor.
Speakers at the ground breaking include: Mayor Ed Murray; City Councilmember Debora Juarez; Steve Walker, Office of Housing; Mahnaz Eshetu, Refugee Women's Alliance; Diego Benites, Boston Capital; Gina León, Umpqua Bank; Sandy Motzer,
Lake City Neighborhood Alliance
;
Brad Malone, Lake City Future First;
and LIHI Executive Director Sharon Lee.
The City of Seattle conveyed the land to LIHI and the Office of Housing is providing funding for the project, including 2009 Housing Levy and federal HOME funds. Umpqua Bank is providing the construction and permanent financing. Boston Capital is contributing the Low Income Housing Tax Credit equity. Total project cost for residential and first floor community service space is estimated to be $22,950,000.
The Preschool Levy that Seattle voters passed in 2014 supports ReWA's lease payment for their preschool and makes possible subsidized preschool for low income children.
Come celebrate with us!
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