Tacoma Housing Authority’s (THA’s) Real Estate Development Department is responsible for carrying out the agency’s development and revitalization work.
Current Projects
Past Projects
Additional Developments
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.
Outrigger Apartments
Outrigger is a medium-sized development in west Tacoma, 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.
Development Process
THA’s real estate development work includes the following activities:
- Feasibility Studies
- Develop new properties
- Perform market assessments
- Perform capital needs assessments
- Procure construction work and architectural services
- Respond to major modernization needs within the portfolio
- Participate on THA’s Asset Management Committee
This work relates to the following Strategic Objectives adopted by THA’s Board of Commissioners:
- Housing and Real Estate Development – THA will efficiently develop housing and properties that serve primarily families and individuals unable to find the affordable and supportive housing they need. Its work will promote the community’s development. Its properties will be financially sustainable, environmentally innovative, and attractive.
- Environmental Responsibility – THA will develop and operate its properties in a way that preserves and protects natural resources
