Monthly Archives: March 2014

Four new housing projects financed throughout state

Four new developments will add affordable housing across the state, thanks to almost $29 million in Low-Income Housing Tax Credits allocated yesterday by the Washington State Housing Finance Commission.

Attorney General’s legal action against Quality Loan Service results in payment to homeowners, delays...

Legal action taken by the Washington State Attorney General (AGO) against foreclosure trustee Quality Loan Service Corp. of Washington (QLS) has stopped unfair and deceptive business practices. QLS is one of the largest foreclosure trustees in Washington state.

Council Hears Options for Foreclosure Prevention Strategies for Homeowners Struggling in Seattle

Councilmembers considered presentations specific to mortgage principal reduction and other foreclosure prevention programs for homeowners who are struggling in Seattle, and options to revitalize the communities impacted.

Stewart named to King County Housing Authority board

King County Executive Dow Constantine has appointed TerryLynn Stewart to serve as a King County Housing Authority commissioner. Stewart was unanimously approved on Feb. 19 by the Metropolitan King County Council. Stewart replaces Commissioner Terry McLlarky, who died in July 2013.

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KCHA spearheads successful effort to preserve nine subdized apartment complexes in...

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.

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Calmwater Capital Originates $7.6 Million Loan for WSU Student Housing

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed property, known as College Crest Apartments, is located at 1555 NE Merman Drive in Pullman, Washington.