Community Development
We invest in the community to ensure there is affordable housing for a range of incomes. We build, and purchase properties that serve a range of needs and that are financially sustainable, environmentally innovative, and attractive.
We seek to encourage others to invest in neighborhoods that need investment. In the future, as the Tacoma real estate market continues to accelerate, the only affordable housing may be whatever Tacoma Housing Authority builds or purchases.
1120 11th Ave (Former Hilltop Key Bank Building)
The former Key Bank building on 11th and L Street has received some minor tenant improvements and the Sound Transit Light Rail project office is currently housed in the annex of the building and Spaceworks is located in the remaining portion of the building.
Highland Crest
Purchased in 2017, Highland Crest Apartments is within walking distance of Tacoma Community College. It is a 73-unit multifamily project built in 2000.
Aviva Crossing/James Center North (JCN)
JCN is an existing commercial center located at 19th and Mildred, across from the Tacoma Community College Campus and Pierce Transit Center. It is within walking distance of a shopping center with a major grocery store, bank and various other services. It is in close proximity to Minette and Titlow park. There are several schools in the area, including Geiger Montessori, Wainwright Middle School and Foss High School.
THA purchased James Center North as it offers a unique opportunity to acquire a property that may be redeveloped to provide both market rate and affordable rental housing in a mixed-use setting that is adjacent to a transit center and within walking distance of grocery stores, parks, a community college and public schools.
Alberta J Canada LLLP
Alberta J Canada complex is located at the corner of South 11th Street and MLK in Tacoma, W.A. The property has 49 units, a mix of 2 and 1 bedrooms located in one four-story building. Approximately 12,000 sf is located on the first floor and is used as retail and commercial space and also provides the main entrance for residents of the rental housing. The rental housing includes a community room and interior courtyard space for resident use and enjoyment. The property was developed using Low Income Housing Tax Credits in 1999.
Outrigger Apartments
Outrigger is a medium-sized development in west Tacoma, WA consisting of 49 units of low-income and market rate housing. 50% of all units are required to be rented to residents with gross annual income at or below 80% of the Pierce County Median income.
