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September 13, 2019
Bellwether turns to crowdfunding to raise cash for low-income housing
The nonprofit developer is using the new approach to help bring in $4.5 million for the construction of 750 units in the Seattle area.
Bellwether is using a social impact fund to help finance Cedar Crossing, a 255-unit low-income project in Seattle’s Roosevelt neighborhood slated to open in 2020. VIA Architecture is the architect and Walsh Construction is the general contractor.
Seattle-based Bellwether Housing is ahead of the game in using social impact investing funds for low-income housing.
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