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Project Description (as planned)
This project is located on the corner of East 60th and McKinley Ave in Tacoma’s Eastside. The property consists of approximately 6.34 acres formerly owned by the Hillsdale Lumber Company. THA purchased it in 2007.
The project comes in two phases: Phase I - 60 rental multi-family units of workforce housing; and Phase II - 50 townhomes for sales. It will have a signature design.
THA is planning this project in collaboration with ENACT (Eastside Neighborhood Action Council.)
Budget & Financing
The project is funded from various sources including but not limited to:
- Rental Housing
- City of Tacoma - HOME Funds
- State of Washington Housing Trust Funds
- Tacoma Housing Authority program income funds
- Tax Credit investors
- Tax exempt bonds
Homeownership Housing
Development Team
- Developer Tacoma Housing Authority
Schedule
Pending. THA has put this project on hold while it waits for the financial and real estate markets to improve. Stay tuned!
Expected Bid Dates
Pending
This page modified: Friday, March 06, 2009
Page notes: none
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