Since launching the Housing Capital Fund in 2022, SKHHP has committed $11.2 million to support the construction and preservation of affordable housing throughout South King County.

Mercy Housing NW – Burien Family Housing a new construction rental project will create 90 one to four-bedroom units serving households earning 30-60% AMI. Of these, 38% are set aside for families exiting homelessness, and 10% for households with a physical disability.

SKHHP provided $3,093,308 over two funding rounds. The awards were collectively funded by Auburn, Burien, Covington, Des Moines, Federal Way, Kent, Maple Valley, Normandy Park, Renton, and Tukwila. The project is currently under construction.

 

TWG – Pandion at Star Lake a new construction rental project will create 125 studio to three-bedroom units serving households earning 30-80% AMI. A crucial component of this project is the 29 units set aside for persons who are homeless or at-risk of being homeless and earn up to 30% AMI.

The project is a transit-oriented development, located at the Kent/Star Lake Link light rail station. SKHHP committed $1,940,000 over two funding rounds. The award was collectively funded by the cities of Covington, Kent, and Maple Valley.

 

Mercy Housing NW – Kent Multicultural Village a new construction rental project will create 231 one to four-bedroom units serving households earning 30-60% AMI. A notable feature of this development is the specific set-asides: 25% of the units for families with children, and 17% for households with a disability.

The project is located on surplus Sound Transit property at the future Kent Des Moines Link light rail station, representing a transit-oriented development model. The development is supported by a $1,000,000 award from SKHHP. The award was collectively funded by the cities of Covington and Kent.

 

Habitat for Humanity Seattle-King & Kittitas County – Burien Miller Creek a new construction, 40-unit homeownership development. 20 of the units are designated for households at an average of 50% AMI, while the other 20 are for households up to 80% AMI.

SKHHP provided $855,000 over two funding rounds. The awards were collectively funded by Auburn, Burien, Des Moines, Federal Way, Kent, Normandy Park, Renton, SeaTac, and Tukwila. The project is currently under construction with an anticipated completion date in Q1 2026.

 

Multi-Service Center – Victorian Place II involved the rehabilitation of 20 three-bedroom units for households earning 35-50% AMI. The rehabilitation efforts ensure the building’s continued viability and ability to provide affordable housing options for low-income tenants.

SKHHP was the sole funder for this project, providing a $777,306 award. The award was collectively funded by the cities of Auburn, Burien, Des Moines, Federal Way, Kent, Normandy Park, Renton, and Tukwila. The rehabilitation was completed in July 2025.

 

Multi-Service Center – White River Apartments will rehabilitate 24 two-bedroom units for households earning 30-60% AMI. The rehabilitation efforts ensure the building’s continued viability and ability to provide affordable housing options for low-income tenants.

SKHHP provided a $775,000 award for this project. The funding was a collaborative effort from the cities of Auburn, Burien, Des Moines, Federal Way, Kent, Normandy Park, Renton, and Tukwila.

 

Low Income Housing Institute (LIHI) – Skyway Affordable Housing a new construction rental project will create 54 studio to three-bedroom units for households earning 30-50% AMI. A key feature of this project is the 75% set-aside for households transitioning out of homelessness.

SKHHP provided a $2,800,000 award for this project. The funding was a collaborative effort from the cities of Covington and Kent. This development also includes a ground-floor early learning center, addressing both housing and childcare needs in the community.