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You are here: Home / News / Community News / Names in the News / Jan. 16: Low Income Housing Institute awarded nearly $4 million in capital funding

Jan. 16: Low Income Housing Institute awarded nearly $4 million in capital funding

February 10, 2011 By Northwest Asian Weekly

From left: Rick Hooper (Seattle Office of Housing), Trish Blanchard (Sound Mental Health), LIHI Executive Director Sharon Lee, Seattle Deputy Mayor Darryl Smith, and Seattle City Councilmember Nick Licata. Lee is accepting a City of Seattle funding award for LIHI's Jackson Street senior project housing.

The Low Income Housing Institute (LIHI) was awarded $2,763,660 from the City of Seattle, $500,000 from King County, and $650,000 from Federal Home Loan Bank of San Francisco, in partnership with US Bank, in capital funding for its Jackson Street senior housing project.

LIHI purchased the site at South Jackson Street, located in Seattle’s Central Area, in 2010. The 61 units for seniors will take up half the site, with another 50 units of workforce housing to be built in the near future. ♦

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Filed Under: Names in the News Tagged With: 2010, Central Area, Darryl Smith, King County, LIHI, Low Income Housing Institute, Nick Licata, San Francisco, Seattle, Sharon Lee, South Jackson Street

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