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December 24, 2015

WSHFC approves $89M for housing

Washington State Housing Finance Commission approved $89 million for housing complexes in Everett and Federal Way. Gateway Apartments is at 13000 21st Dr. S.E. in Everett, with 177 units that caters to families. Celebration Senior Living West is at 1316 S. 328th St. in Federal Way. Celebration West will have 189 units, and is the second phase of a low-income complex near Celebration Park. The commission finances housing by issuing tax-exempt bonds or notes and allocating Low-Income Housing Tax Credits.




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