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. ♦