From The Columbian:
The Washington State Housing Finance Commission approved $14.9 million in financing for two low-income housing projects in Vancouver. They were among 10 projects approved statewide, half of which went through the 2019 Low-Income Housing Tax Credit competition.
“With the demand for affordable housing on a steady rise, it is now more important than ever to act to bridge the gap we see in our society today,” Karen Miller, chair of the commission, said in a news release Wednesday. “A steady home gives people safety and stability in their lives so they can achieve their goals.”
Tenny Creek Assisted Living, a Vancouver Housing Authority project that will be located at Northeast 94th Street and Northeast 15th Avenue, received $7 million in tax-credit equity.
Read The Columbian's article "State panel OKs $14.9 million for two low-income housing projects," featuring the Vancouver Housing Authority.