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New Affordable Housing Project Moves Forward in Puyallup
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New Affordable Housing Project Moves Forward in Puyallup
A new affordable housing development in Washington is moving forward with a first-of-its-kind financing structure that does not rely on the Low-Income Housing Tax Credits program. The 102-unit project, Addison Grove, brings together a team of partners, including CBRE as the permanent lender, Heritage Bank as the construction lender, Stifel as the bond underwriter, and the Washington State Housing Finance Commission as the bond issuer and adminis…
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