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April 28, 2011

Raymond James and Nationwide

Raymond James Tax Credit Funds and Nationwide are providing nearly $10 million in Low Income Housing Tax Credit for a project in Kirkland. Francis Village Apartments will have 61 units, 75 percent of them for formerly homeless people under the set-aside requirements of the Washington State Housing Finance Commission. The first phase will be a five-story building with studio, one- and two-bedroom units. Social service providers will offer training and coaching services to tenants. Saint Andrew's Housing Group is developer. It has developed 10 properties in King County.




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