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LIHI Buys Bellevue Aventine Apartments for $29.2MM

Center Housing Authority logoCenter Housing Authority
Disclosed value
$29,200,000
From agenda
Awarded
Jun 17, 2024
Renews
Free account

The 30-second brief

What it covers

Low Income Housing Institute acquired the 68-unit Aventine Apartments for $29.2 million to preserve affordable housing in Bellevue, with King County Housing Authority providing rent subsidies for select families.

Who holds it

Low Income Housing Institute holds this contract with Center Housing Authority. Its other public contracts on record include work for City of Olympia and City of Bainbridge Island.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Center Housing Authority contract.

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Contract details

Amount
$29,200,000
Document date
June 17, 2024
Term
Acquisition closing May 30, 2024; property owned/operated as affordable housing for 99 years
Renews
Free account
Vendor
Low Income Housing Institute
Agency
Center Housing Authority
Source document
center-housing-authority-agenda-2024-06-17_01b.pdf (Agenda)

Low Income Housing Institute's other public contracts

City of Olympia, WashingtonOlympia Approves Amended Housing Property Agreement · Oct 6, 2026UndisclosedCity of Bainbridge Island, WashingtonCity Authorizes Housing MOU With Low Income Housing Institute · Sep 22, 2026City of Olympia, WashingtonOlympia Considers Amended Real Estate Agreement With Housing Institute · Sep 15, 2026UndisclosedCity of Olympia, WashingtonOlympia Recommends Amended Housing Property Sale Agreement · Sep 15, 2026UndisclosedCity of Olympia, WashingtonOlympia Considers Amended Housing Property Agreement · Sep 15, 2026UndisclosedAll Low Income Housing Institute contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Center Housing Authority?

Low Income Housing Institute was awarded this government contract by Center Housing Authority, as recorded on June 17, 2024. The contract value is $29,200,000.

How much is the Low Income Housing Institute contract with Center Housing Authority worth?

The Low Income Housing Institute contract with Center Housing Authority is valued at $29,200,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in center-housing-authority-agenda-2024-06-17_01b.pdf (Agenda), dated June 17, 2024 from Center Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Low Income Housing Institute hold?

Low Income Housing Institute may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Center Housing Authority currently buying?

Explore Center Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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