|
Neighborhood
House and YWCA benefit from SHA's New Market Tax Credits
SEATTLE—December
28, 2007—Legal
agreements were finalized on December 28 to provide
Neighborhood House and the YWCA with $20 million in
financing for new and remodeled facilities. The deal was
arranged through SHA, using New Market Tax Credits that
were awarded to the Housing Authority by the U.S.
Treasury Department in July of 2006.
Board adopts
guiding principles for redevelopment of Yesler Terrace
SEATTLE—December
6, 2007—Seattle Housing Authority's Board of
Commissioners took an important step toward Yesler
Terrace redevelopment on Dec. 6 when
they unanimously adopted a body of guiding principles
developed by a citizen committee. In adopting the
principles, the Board committed the Housing Authority to
one-for-one replacement of all existing units within the
Yesler neighborhood. They also promised to allow current
residents to return to the redeveloped neighborhood as
long as they remained in good standing with respect to
their leases.
|
