FACILITIESPENDING

Commission considers $55M Mount Baker TOD bonds

The Washington State Housing Finance Commission will hold a public hearing on issuing up to $55 million in tax-exempt and taxable revenue obligations to finance the Mount Baker TOD project, a 241-unit multifamily housing development in Seattle owned by MBTOD Phase One LLLP. The financing plan includes a 40-year regulatory agreement, private placement with JP Morgan Chase Bank, and extensive public and private funding for new affordable family-centered housing.

Status
PENDING
Document date
August 23, 2026
Contract type
FACILITIES
Vendor
Mbtod Phase One Lllp
Agency
Washington State Housing Finance Commission · WA

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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

Scope & details

The full contract record, as filed.

Contract amount
Estimated Maximum Obligation Amount: $55,000,000
Contract type
FACILITIES
Contract term
Regulatory agreement term minimum 40 years
Renewal
Regulatory agreement for income restrictions and affordability extends for a minimum of 40 years; bonds may include refunding series issued from time to time.
Document type
AgendaPacket
Source document
Washington State Housing Finance Commission Board Meeting Packet 2026-08-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Washington State Housing Finance Commission?

Mbtod Phase One Lllp was awarded this facilities contract by Washington State Housing Finance Commission, as recorded on August 23, 2026. The contract value is Estimated Maximum Obligation Amount: $55,000,000.

How much is the Mbtod Phase One Lllp contract with Washington State Housing Finance Commission worth?

The Mbtod Phase One Lllp contract with Washington State Housing Finance Commission is valued at Estimated Maximum Obligation Amount: $55,000,000, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Washington State Housing Finance Commission Board Meeting Packet 2026-08-27 (AgendaPacket), dated August 23, 2026 from Washington State Housing Finance Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mbtod Phase One Lllp hold?

Mbtod Phase One Lllp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Mbtod Phase One Lllp's profile

What is Washington State Housing Finance Commission currently buying?

Explore Washington State Housing Finance Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Washington State Housing Finance Commission's profile

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