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October 24, 2019
Affordable Housing Finance has honored the $51 million Mt. Baker Village Apartments expansion/preservation project with its Readers' Choice Award winner for the current year. It was named a finalist in July. The roughly 60-year-old complex at 2914 S. McClellan St. has been increased to 156 units by nonprofit owner Mt. Baker Housing. The same project was also honored by Novogradac Journal of Tax Credits, which chronicles affordable housing, as a “Development of Distinction.” (The project employed federal low-income housing tax credits.) Funding came from multiple sources secured by Beacon Development Group. ARC Architects and general contractor Rafn Co. are also on the team.