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Pantages Apartments

This 49-unit rental development was built around—and includes—the Pantages house, which was designated as a historic landmark by the Seattle Landmarks Board in 2004. The developer, Capitol Hill Housing, also acquired and demolished 2 dilapidated buildings adjacent to the house to make way for new construction and preserved a third structure that completes this infill development. The apartments range in size from studios to 3-bedroom units and are affordable to households at 30 percent of AMI (21 units) and 50 percent of AMI (27 units). Eleven units are reserved for formerly homeless families and receive project-based Section 8 assistance; ten apartments are set aside for persons living with HIV/AIDS. The project received a $1.5 million award from the State Housing Trust Fund; additional financing came through 9 percent low-income housing tax credit equity, funds from the Seattle Housing Levy and philanthropic contributions, among other sources.