Home Street Capital Funds Seattle Multifamily Project

Published July 05, 2005, 2:00 p.m. EDT

1 Min Read

Multifamily and commercial real estate lender Home Street Capital, Seattle, has provided $2.6 million to the Pike Place Market Preservation and Development Authority for the purchase of the Market House Apartments in downtown Seattle.The aforementioned funds were raised by the purchase of tax-exempt bonds issued by the PDA. PDA has purchased the residential property currently under Section 8. It includes 51 studios for income-restricted people who are charged HUD-regulated annual rents.

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