New Construction
Tacoma Housing Authority
Arlington Youth Campus

Financial and Development Consultant to the Housing Authority. Services include concept and strategy analysis, financial constructability, lender and tax credit investor procurement and selection, lender and investor due diligence, partnership and debt document review and edit, tax credit application, public funder applications, tax credit investor modeling.

  • GEOGRAPHY TYPE: Urban
  • CLIENT TYPE: Housing Authority
  • FINANCING TYPE: 9% LIHTC
  • PROJECT TYPE: New Construction
  • NUMBER OF UNITS: 60
  • LENDER: Banner
  • LIHTC INVESTOR: Boston Capital
  • EQUITY INVESTMENT: $10,500,000.00
  • FINANCING SOURCE:
    9% LIHTC, Taxable Construction and Permanent Financing, City of Tacoma, Sponsor Equity, State Department of Commerce
  • REHAB / NEW CONSTRUCTION VALUE:
    $18,250,000
  • TAX-EXEMPT PERMANENT LOAN AMOUNT:
    $2,600,000
  • TAXABLE CONSTRUCTION FINANCING AMOUNT:
    $11,600,000
  • DEVELOPMENT / FINANCING BUDGET:
    $22,250,000
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