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July 17, 2003
KeyBank and the Archdiocesan Housing Authority of Western Washington worked together to develop Traugott Terrace, an affordable-housing project at 2313 Third Ave. in Belltown. The 50-unit building was constructed using the city's new sustainable-building guidebook, "SeaGreen: Greening Seattle's Affordable Housing." The guide, available online at http://www.cityofseattle.net/housing/07-FreePublications/SeaGreen.pdf, was designed to help designers and builders conserve energy and reduce costs. Key's Community Development Lending group provided a $4.2 million construction loan for the project, which was developed by the Archdiocesan Housing Authority.