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The Maddux Receives Office of Housing Funding
Monday, December 17, 2018


Mt. Baker Housing Receives Seattle Housing Levy Award

from City of Seattle for

The Maddux Affordable Housing Project

 

166-Unit Building Will Add Family-Sized Affordable Homes Near Light Rail

 

Seattle, December 17th, 2018 – Local non-profit and affordable housing developer Mt. Baker Housing (www.mtbakerhousing.org) (MBH) today announced it has received funds from the City of Seattle’s Office of Housing for The Maddux, a new 166-unit affordable housing project located in Seattle’s Mt. Baker neighborhood.

The Seattle Housing Levy funds, created to further affordable housing for the City’s most vulnerable and lower-income residents, will help construct the two-building multifamily affordable housing project located on S. McClellan Street on the east side of Martin Luther King Jr Way S in Seattle’s Mt. Baker neighborhood—a pivotal transit-oriented development site in Mt. Baker Town Center.

 

“This funding from the City is critical to our ability to build affordable housing in Seattle,” said Mike Rooney, Executive Director at Mt. Baker Housing. “We are focused on ensuring that all people, regardless of income, have a secure, affordable place to live. These funds are the all-important last piece to the funding puzzle —and now we are officially on our way.”

 

First of Its Kind Partnership

Situated on a contaminated site formerly occupied by gas station and dry cleaner, The Maddux represents a first-of-its-kind partnership between MBH and the Washington State Department of Ecology (Ecology), as MBH is using State funds to clean-up onsite contamination left by the previous tenants on the site.

 

As part of the project, Ecology provided $400,000 to MBH to start the cleanup process last year. The Legislature authorized another $6.2 million to complete the cleanup work for the project, and Ecology also provided funding to MBH starting this summer.  The funds from the City of Seattle’s Office of Housing will bridge the final gap to move the project forward.

 

New Project to Build Hundreds of New Family-Sized Homes Within Blocks of Light Rail

Located within blocks of the Mt. Baker light rail transit station, all 166 new homes at The Maddux will be affordable to those earning 60% of area median income (AMI) or less and includes studios, one-, two-, and three-bedroom apartment homes. Nearly 35% of the homes will be two- or three-bedroom ‘family-sized’ affordable housing.

 

With a focus on preserving the affordability of future housing and community facilities along transit corridors, The Maddux will also be a good demonstration of many of the principles within Mt. Baker Housing’s equitable development strategy. The project also plans to utilize new zoning stemming from the city’s Mandatory Housing Affordability (MHA) rezones and will include onsite MHA units.

 

The current project team includes: Aspect Consulting (Environmental), Perkins Coie (Environmental), Impact Capital (Acquisition Lender), Mithun (architect) and Beacon Development Group (Development Consultant). The team has not yet selected a general contractor.

 

Mt. Baker Housing has nine affordable apartment projects in Seattle. Additional projects include the 156-unit Mt. Baker Village (Mt. Baker), 80-unit scattered sites (Rainier Valley), 35-unit Arbor Woods (Skyway), 30-unit Starliter Apartments (Rainier Beach), 26-unit Crestwood Place (Rainier Valley), the 60-unit Link (Mt. Baker), the 203-unit Beach Square (Rainier Beach) and the 200-unit Grand Street Commons project (Judkins Park).

 

Construction on The Maddux is tentatively slated to begin early 2020, with completion by the late spring of 2021. Previously, Mt. Baker Housing received funds from the City of Seattle’s Office of Housing for its Link Studios project.

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