Washington State Housing Finance Commission Board Meeting Packet April 2026
Commission Considers $200M Bonds for Heron’s Key Expansion
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Description
The Washington State Housing Finance Commission conducted a TEFRA public hearing on proposed revenue obligations of up to $200 million for Heron’s Key to finance and refinance a nonprofit senior housing campus in Gig Harbor. Proceeds will fund a Phase II expansion with 50 new independent living units and associated amenities, refinance existing obligations, and cover issuance and working capital costs.
Contract Details
Contract Amount
Not to exceed $200,000,000
Vendor
HERON’S KEY
Agency
Washington State Housing Finance Commission, WA
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
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DISCUSSEDIssuing Agency
Washington State Housing Finance Commission
State Housing Authority
Seattle, WA
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