 
 
|
| |
Financial
Partners (2008)
Financial investments made by local, state and federal governments,
private investors and lending institutions make the development possible.
| Grant Sources |
|
|
| Source |
Purpose |
Amount |
| King County |
|
|
| -King County Float Loan |
Infrastructure |
$1,750,000 |
| -108 Loan |
Infrastructure |
$6,250,000 |
| -108 Loan |
Food Bank |
$500,000 |
| -CDBG |
Jim Wiley Community Center |
$439,595 |
| -HOME Funds |
Seola Crossing Affordable Housing |
$2,000,000 |
| -Parks and Recreation Division Youth |
|
|
| Sport Facility Grant |
Jim Wiley Community Center |
$50,000 |
| -King County Council Grant (Constantine) |
Jim Wiley Community Center |
$100,000 |
| Washington State Housing Trust Fund |
Seola Crossing/Nia Apts Affordable Housing |
$2,250,000 |
| BECU |
Affordable Homeownership plan |
$30,000 |
| Boys and Girls Club of King County, Southwest Branch |
Jim Wiley Community Center |
$100,000 |
| State of Washington Department of Community Trade and Economic Development |
| -Youth Recreational Facilities Program |
Jim Wiley Community Center |
$294,000 |
| -Local/Community Projects |
Plaza |
$197,000 |
| -Local/Community Projects |
Jim Wiley Community Center |
$394,000 |
| -Community Service Facilities |
Food Bank |
$184,000 |
| US Department of Housing and Urban Development |
| -HOPE VI Grant |
Public Housing Construction |
$35,000,000 |
| -Special Project Grant |
Jim Wiley Community Center |
$72,168 |
| -Special Project Grant |
Jim Wiley Community Center |
$841,500 |
| Pacific Northwest Program of the Bill and Melinda Gates Foundation |
Jim Wiley Community Center |
$600,000 |
| Medina Foundation |
Jim Wiley Community Center |
$50,000 |
| McEachern Charitable Trust |
Jim Wiley Community Center |
$100,000 |
| Norcliffe Foundation |
Jim Wiley Community Center |
$100,000 |
| Neighborhood House |
Building Donation |
$25,323 |
| Federal Department of Transportation |
East infrastructure |
$1,485,000 |
| Boeing Corporation |
Food Bank |
$20,000 |
| Boeing Corporation |
Jim Wiley Community Center |
$54,643 |
| Boeing Employees Community Fund |
Food Bank |
$40,000 |
| Seattle Foundation |
Food Bank |
$10,000 |
| Seattle Foundation |
Jim Wiley Community Center |
$50,000 |
| US Bank |
Food Bank |
$2,500 |
| Bank of America |
Food Bank |
$2,000 |
| Seattle City Light Rebates |
Seola Crossing Affordable Housing |
$152,610 |
| Federal Home Loan Bank of Seattle |
Seola Crossing Affordable Housing |
$250,000 |
| Federal Home Loan Bank of SanFrancisco |
Nia Apartments Affordable Housing |
$328,000 |
| Total |
|
$53,722,339 |
| New Market Tax Credits |
Jim Wiley Community Center |
$1,999,653 |
| King County Housing Authority Contributions |
Food Bank |
$73,773 |
| |
Relocation (Maintenance facility) |
$59,293 |
| Total |
|
$133,066 |
Greenbridge Loan Partners |
|
| King County Housing Authority Interim Financing |
$15,000,000 |
| Bank of America |
|
|
| Construction and Permanent Financing |
$63,950,000 |
| Total |
|
$78,950,000 |
Greenbridge Equity Partners |
|
| MMA Financial, LLC |
|
|
| Tax Credit Equity Investment in Seola Crossing (187 units) |
$26,149,618 |
| Apollo Housing Capital |
|
|
| Tax Credit Equity Investment in Nia Apts. (82 units) & Salmon Creek (88 units) |
$27,722,196 |
| Total |
|
$53,871,814 |
|
TOTAL |
$188,676,872 |
|
|
|
| |
|
