Compass Center

Completed in mid-2005, the buildings provide transitional housing for 78 men for up to one year, 23 units of permanent low-income housing, space to prepare 500-1000 meals for the homeless, mail and banking services for 500 individuals, hygiene services for 200-300 individuals, mental health services, substance abuse counseling and support, wellness services, case management, home for two other homeless service organizations and community space for residents.

Investment

  • NMTC Amount: $4,075,000
  • Total Project Cost: $9,177,078

IMPACT

  • 40 FTE jobs

Investor

Project Description

Compass Center, an important transitional housing and homeless service center in Seattle’s distressed Pioneer Square neighborhood was destroyed in a 2001 earthquake. The City and community wasted no time planning the repair of the original structure and the addition of a new facility. NDC’s investment is part of this comprehensive residential and social services project, involving 14 different financing sources and years of pre-development work.

Completed in mid-2005, the buildings provide transitional housing for 78 men for up to one year, 23 units of permanent low-income housing, space to prepare 500-1000 meals for the homeless, mail and banking services for 500 individuals, hygiene services for 200-300 individuals, mental health services, substance abuse counseling and support, wellness services, case management, home for two other homeless service organizations and community space for residents.

MAP

Address: 210 Alaskan Way, Seattle, WA 98104

Census Tract: 53033009200

Other Washington Projects

Ag Processing Inc. successfully completed the development of an integrated grain and oilseed storage and export facility at Terminal 2 of the Port of Grays Harbor in Aberdeen, WA.
Yakima Valley Farm Workers Clinic is a non-profit, FQHC.
The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

NMTC financing from Kitsap NMTC supported a unique project, The Tall Cedars. The project brought affordable, single family housing to Kitsap County. People of all ages have the chance to