SEATTLE—In early 2017, Seattle designated Mt. Baker Housing's five properties in the Mt. Baker neighborhood as Redevelopment Opportunity Zones. This allowed Department of Ecology funds to flow directly to the nonprofit and affordable housing developer for the remediation expenses necessary at The Maddux site.
Environmental remediation of The Maddux affordable housing site is now complete, according to MBH. The Maddux is the first project in Washington State to reach this clean-up milestone as part of the Department of Ecology's new Healthy Housing pilot program.
The program uses Ecology funding to remediate brownfield sites statewide that are often prohibitively expensive to clean up, and therefore remain undeveloped. With this new funding, qualified sites such as The Maddux are eligible to receive remediation funding from Ecology, as long as funds are used as part of a redevelopment plan to build new affordable housing.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
