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New Affordable Housing Project Moves Forward in Puyallup

A new affordable housing development in Washington is moving forward with a first-of-its-kind financing structure that does not rely on the Low-Income Housing Tax Credits program. The 102-unit project

Summary

A new affordable housing development in Washington is moving forward with a first-of-its-kind financing structure that does not rely on the Low-Income Housing Tax Credits program.

The 102-unit project, Addison Grove, brings together a team of partners, including CBRE as the permanent lender, Heritage Bank as the construction lender, Stifel as the bond underwriter, and...

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