One of our long-term partners, the Housing Authority of Washington County (HAWC), recently celebrated the completion of an extensive multi-year renovation project across 10 affordable housing properties at Holly Tree Village, one of HAWC’s largest affordable housing communities.
Spanning the six different communities of Aloha, Beaverton, Cornelius, Forest Grove, Hillsboro, and Tigard, 592 apartment homes, some built as early as 1974, have been modernized as part of the Affordable Housing Preservation Portfolio Rehabilitation project.
Brawner is proud to be the development consultant for this project in partnership with LMC Construction, Pinnacle Architecture, and Ink Built.
Crucial funding for this project included issuance of tax-exempt bonds and significant sponsor financing by HAWC, construction and permanent loans from J.P. Morgan, federal Low-Income Housing Tax Credits via Oregon Housing & Community Services (OHCS), and LIHTC equity investments from RBC.