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FINANCIAL_SERVICESAMENDED

King County Housing Authority Board of Commissioners Special Hybrid Meeting Agenda Packet February 23 2026

Kirkland Heights Bond Cap Recycled for New Housing Project

HA OF KING countyKIRKLAND HEIGHTS PARTNERSHIP (NEW KIRKLAND HEIGHTS LLLP)February 23, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

KCHA authorizes recycling of tax-exempt bond cap by redeeming Kirkland Heights Series 2023A1 bonds and utilizing funds for Trailhead Apartments bond issuance. This complex financial transaction minimizes interest expenses on new development.

Contract Details

Vendor

KIRKLAND HEIGHTS PARTNERSHIP (NEW KIRKLAND HEIGHTS LLLP)

Agency

HA OF KING county, WA

Contract Type

FINANCIAL_SERVICES

Document Date

February 23, 2026

Contract Term

Bond Series 2023A1 redemption in Q1 2026; recycling transaction concludes June 2026

Renewal Date

2026-06-30

Renewal Info

Redemption and recycling complete by June 2026. Bond recycling mechanism is a one-time transaction but may be repeated for future projects.

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