The U.S. Department of Housing and Urban Developmentās (HUD) Office of Multifamily Housing announced the completion of construction of Northaven West, a senior community in the Northgate neighborhood of Seattle.
The construction was funded in part by a $3 million capital advance grant awarded on Feb. 7, 2020, under HUDās Section 202 Supportive Housing for the Elderly program.
HUD said this is the second project in the country to be constructed and fully occupied under the Section 202 grant program, which emphasizes physical design standards to facilitate aging in place, robust services supporting health and social well-being of elderly persons and mixed-finance development leveraging capital advance funding with other financing sources.
The HUD Section 202 financing is part of an overall project financing package of over $29 million secured by Northaven Three Northgate Limited Partnership (owner) and HumanGood Affordable Housing (property manager). Northaven West is a true community partnership, with additional funding provided by Washington Federal, the City of Seattleās Office of Housing Levy and HOME Investment Partnerships Program grant funds, HumanGood Affordable Housing and Wincopin Circle LLP.
Northaven West opened in spring of 2022 and features 64 studio and 18 one-bedroom mobility, hearing and sight-impaired accessible homes with community space and staffed with a resident services coordinator.
The property is located within walking distance of shopping, major bus routes, a rail station, parks and restaurants. It is adjacent to the established Northaven Senior Living Campus, and HUD said residents of Northaven West will have access to an array of programs, classes and amenities.
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