FINANCIAL_SERVICESPENDING

Mercy Housing to co-develop Mount Baker TOD

Mercy Housing Northwest is co-developing the Mount Baker TOD project that will be financed by up to $55 million in Commission-issued tax-exempt obligations and 4% housing tax credits. The development will deliver 241 affordable units in a family-centered campus in Seattle.

Document date · August 27, 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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $55,000,000 (project financing; see MBTOD Phase One LLLP record)
Contract type
FINANCIAL_SERVICES
Contract term
Regulatory agreement term minimum 40 years
Renewal
Participates in long-term 40-year regulatory agreement tied to tax credit compliance.
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 financial services contract by Washington State Housing Finance Commission?

Mercy Housing Northwest was awarded this financial services contract by Washington State Housing Finance Commission, as recorded on August 27, 2026. The contract value is Not to exceed $55,000,000 (project financing; see MBTOD Phase One LLLP record).

How much is the Mercy Housing Northwest contract with Washington State Housing Finance Commission worth?

The Mercy Housing Northwest contract with Washington State Housing Finance Commission is valued at Not to exceed $55,000,000 (project financing; see MBTOD Phase One LLLP record), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

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

What other contracts does Mercy Housing Northwest hold?

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

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