Washington State Housing Finance Commission Awards Financial Services Contract to Ywca Seattle | King | Snohomish (April 2023)
Washington State Housing Finance CommissionState · Seattle, WA- Disclosed value
- $2,736,984 annual tax credit allocation; $62,888,475 total development costs; $25,453,950 tax credit equity
- From agendapacket
- Approved
- Apr 27, 2023
The 30-second brief
The Commission approved Resolution 23-51 reserving approximately $2.74 million in annual 2023 low-income housing tax credits for YWCA Seattle | King | Snohomish’s Fifth & Seneca rehabilitation project. The 114-unit permanent supportive housing development will modernize a historic downtown building with seismic, infrastructure, and systems upgrades while committing to long-term affordability.
Ywca Seattle | King | Snohomish holds this financial services contract with Washington State Housing Finance Commission. Its other public contracts on record include work for City of Redmond and City of Issaquah.
Term as filed: Up to 40-year low-income use period; additional 22-year extended use period.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,736,984 annual tax credit allocation; $62,888,475 total development costs; $25,453,950 tax credit equity
- Document date
- April 27, 2023
- Term
- Up to 40-year low-income use period; additional 22-year extended use period
- Source document
- Washington State Housing Finance Commission AgendaPacket 2023-04-27 (AgendaPacket)
Ywca Seattle | King | Snohomish's other public contracts
More Washington State Housing Finance Commission contracts
Questions about this contract
Who was awarded the financial services contract by Washington State Housing Finance Commission?
Ywca Seattle | King | Snohomish was awarded this financial services contract by Washington State Housing Finance Commission, as recorded on April 27, 2023. The contract value is $2,736,984 annual tax credit allocation; $62,888,475 total development costs; $25,453,950 tax credit equity.
How much is the Ywca Seattle | King | Snohomish contract with Washington State Housing Finance Commission worth?
The Ywca Seattle | King | Snohomish contract with Washington State Housing Finance Commission is valued at $2,736,984 annual tax credit allocation; $62,888,475 total development costs; $25,453,950 tax credit equity, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Washington State Housing Finance Commission AgendaPacket 2023-04-27 (AgendaPacket), dated April 27, 2023 from Washington State Housing Finance Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ywca Seattle | King | Snohomish hold?
Ywca Seattle | King | Snohomish 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 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.