2010 LIHTC Development that Best Exemplifies Major Community Impact

Winner

Compass Veterans Center - Renton

Winner

Rosa Parks Apartments

Honorable Mention

The Muses Apartment Homes

Developer: Shelter Resources, Inc., Compass Housing Alliance
Location: Renton, Wash.

Developer: Bickerdike Redevelopment Corporation
Owner: Bickerdike Redevelopment Corporation
Location: Chicago, Ill.

Developer: LDG Development, Gulf Coast Housing Partnership
Location: New Orleans, La.

This project, developed by Compass Housing Alliance of Seattle, provides 59 units of supportive service housing for former veterans and their families in Renton, Washington. It is one of the first in the nation to embrace VA supportive service housing with units and program areas specifically targeted to returning Veterans with dependent children. The new facility has already been recognized as a national model.

Development Team: Compass Housing Alliance, Shelter Resources, Baylis Architects, Synergy Construction, Veterans Administration, King County Community Development, CTED Washington State Housing Trust Fund, Federal Home Loan Bank, Washington Community Reinvestment Association and NW Lutheran Synod.

This multi-million dollar project, developed by Bickerdike Redevelopment Corp., was funded in part by the federal American Recovery and Reinvestment Act, the Illinois Housing Development Authority and the Illinois Department of Commerce and Economic Opportunity. Its 94 units in eight buildings are scattered across 21 city lots in the West Humboldt Park neighborhood of Chicago. Its multi-tiered rent structure serves families earning 0 to 50 percent of AMI.

Development Team: Bickerdike Redevelopment Corp., Landon Bone Architects, Humboldt Construction Co., J. Katrakis & Associates and West Humboldt Park Development Council.

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The Muses Apartments is a remarkable story of how effective partnerships can overcome obstacles at every stage of a development. The parties to this transaction included an out‐of‐town private developer, Kentucky-based LDG Development, and a local non‐profit developer, Gulf Coast Housing Partnership; city hall; the state housing finance agency; two neighborhoods at odds over the development; and a city councilwoman caught between the two neighborhoods, all before bringing new investment and helping to transform a re-emerging Central City New Orleans.

Development Team: LDG Development, Gulf Coast Housing Partnership, Mathes-Brierre and Weber Group, associated architects, and general contractor White-Spunner.

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