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King Co. Delegation Urges Administration to Fix Inflation Formula in Housing Voucher Program

Today, Congresswoman Suzan DelBene (WA-01) led the congressional delegation representing Washington’s King County in urging the Department of Housing and Urban Development (HUD) to fix the inflation formula used in the Housing Choice Voucher (HCV) program, which provides rental assistance to low-income households. The current formula has been particularly damaging in areas with rapidly escalating rental costs, such as the Puget Sound region.

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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.