The Quinault Housing Authority used a total allocation of $686,335 in tax credits from the Washington State Housing Finance Commission to build 35 new single-family homes in Taholah, WA, on the Quinault Indian Reservation.
The unit mix includes nine two-bedroom homes, 12 three-bedroom homes, 12 four-bedroom homes and two five-bedroom homes. Seven units are reserved for large families, and seven units are set aside for residents with mental or physical disabilities.
The homes are highly energy efficient and have landscaped yards.
Tenants have access to the Quinault Indian Nation’s extensive social services network, including a counseling staff that provides credit counseling, home maintenance training, and personal budget and financial management assistance.
Families will have the option of buying the homes at the end of the compliance period.
Travois Design & Construction Services monitored construction for this project.
Raymond James Tax Credit Funds is the investor for this project.
At a Glance
- Native Organization: Quinault Housing Authority
- Asset Management Client
- Design and Construction Features
- Date Closed with Investor: 2009
- Date Completed: 2010
- Development Type: New Construction
- Project Status: Complete
- Total Homes: 35
- Total Project Cost: $6,031,304
- Total Investor Equity: $4,700,925
- Total Grant Money: $400,000
