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Bellevue Awards $12M for Housing Development Project
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Bellevue Awards $12M for Housing Development Project
Imagine Housing, a nonprofit housing provider, received $12.1 million from Bellevue’s city council to build 100 affordable residential units at 2650 148th Ave SE in the Lake Hills area.The four-story project on the land of St. Andrew’s Lutheran Church is slated to break ground in 2027. Imagine Housing has raised $15.5 million for land acquisition and construction costs, reported the Puget Sound Business Journal. The money adds to a capital stack…
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