Alder  Crest  Apartments
Acquisition and rehabilitation of a 36 unit apartment building in West Seattle to provide housing to homeless households and households earning less than 30% and 50% AMI.

Rehabed apartment building by Beacon Development Group


Project Description: The Alder Crest Apartments were originally built in 1977 of wood frame construction. Lack of quality maintenance required that every major component of the site and structure be repaired or replaced. The completed rehabilitation consists of 24 one-bedroom apartments and 12 two-bedroom units with seven units set aside for individuals or families affected by disability, and an additional eight units set aside for families transitioning from homelessness. The Alder Crest Apartment building is located in West Seattle just one block from the High Point Community Center. This location is particularly appropriate for meeting the needs of the population served because community space, play space, case management, and other services are readily accessible at the Community Center.

Residents Served: Alder Crest Apartments house primarily individuals, couples, and small families, including single parents with children, who earn less than 30% and 50% of area median income. Additionally, seven units are set-aside for individuals or families affected by disability, and an additional eight units are set-aside for families with children transitioning from homelessness. Residents have access to case management services and service referrals for both adult family members and their children. These services are provided primarily by Catholic Community Services of King County.
Location
6520 35th Avenue SW, Seattle, WA 98126

Sponsor
Seattle Housing Authority

Funding sources
  • City of Seattle Office of Housing
  • Seattle Housing Authority
  • Sound Families, Bill and Melinda Gates Foundation ·
  • Wachovia Securities
  • WA State Housing Finance Commission (LIHTC)
  • WA State Housing Trust Fund (CTED)
Cost
$7,414,055

Type of Development
Acquisition / Rehab, Special Needs Housing






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