Case Studies in Affordable Housing Through Historic Preservation Number 1: Pacific Hotel, Seattle, Washington
By: National Park Service
http://web.archive.org/web/20161210031256/https:/www.nps.gov/tps/tax-incentives/taxdocs/Affordable-Housing-Pacific-Hotel.pdfReport a broken link
Table of Contents
This case study examines how the Historic Rehabilitation Tax Credit and the Low-Income Housing Tax Credit were combined to finance an affordable housing project in Seattle, Washington. It shows how these credits made the project financially feasible and details the scope of the work, which included retaining the historic floor plan and making the space accessible.
This case study tracks an affordable housing project in Seattle that combined the Historic Rehabilitation Tax Credit and the Low-Income Housing Tax Credit. It shares how the project retained the historic floor plan and brought the structure up to code. It also provides information related to the development schedule and financing.
This case study tracks an affordable housing project in Seattle, Washington, that repurposed the historic Leamington Hotel & Apartments. It explains how the developers used federal tax credits to repurpose the space and make it accessible.
2010 Population: 608,660
2010 Population Density: 7,250.87/square mile