On November 17, 2023 the SKHHP Executive Board recommended $5,747,306 towards the development and preservation of affordable housing in South King County. January through March 2024, SKHHP staff will be seeking final approval from each contributing City Council. Formal funding commitments are anticipated by April 2024.
|Low Income Housing Institute (LIHI) Skyway Affordable Housing and Early Learning Center is a multifamily rental project in Unincorporated King County. The project will provide 55 affordable housing units for households earning between 30%-50% of the area median income (AMI), with 42 units for families transitioning out of homelessness. An early learning center will be located on the ground floor of the building, featuring four classrooms to accommodate up to 80 children, a parent resource room, and offices. Additional amenities include a community room, case manager offices, and a roof deck for resident use. On November 17, 2023 the SKHHP Executive Board recommended $2,800,000 to support the construction of a new building.|
|TWG Pandion at Star Lake is a partnership between TWG Development and Vision House and will feature two residential buildings. The South Building at Pandion at Star Lake is a multifamily rental, mixed-use project consisting of 168 affordable housing units for households earning between 30% and 60% area median income (AMI) in Kent, located adjacent to the Kent/Star Lake light rail station and operating under the Low-Income Housing Tax Credit (LIHTC). The project will include ground floor commercial space consisting of an early learning center for low-income children and other non-profit tenants. SKHHP funds were requested for $2,856,000 to support the construction of the South Building, and $1,170,000 was awarded.|
|Mercy Housing NW Kent Multicultural Village is a 199-unit multifamily rental project in Kent adjacent to the future Kent Des Moines Link light rail station opening in 2026. The project will support households earning 30% AMI to 80% AMI with a 20% set-aside (39 units) for households with an intellectual and/or developmental disability (I/DD) with onsite supportive services. The project includes studios, 1-bedrooms, 2-bedrooms, and three-bedroom units. The project is a partnership between Mercy Housing NW and Open Doors for Multicultural Families, who will support the I/DD households and relocate their headquarters to the property. SKHHP funds were requested for $1,000,000 to support the construction of a new Building, and $1,000,000 was awarded.|
|Multi-Service Center (MSC) Victorian Place II is a multifamily, preservation 20-unit rental project in Des Moines. Since 1996, the non-profit Multi-Service Center has owned the two adjacent buildings that comprise the project, which includes five units for households earning up to 35% AMI, ten units for households up to 40% AMI, and five units for households up to 50% AMI. The 20 three-bedroom/two-bath affordable rental units are in active use. SKHHP funds were requested for $500,000 to support rehabilitating the two buildings, and $777,306 was awarded.|