National Development Council
National Development Council Blog


Posts Tagged ‘Common Ground’

NDC Corporate Equity Fund Project Completes Lease-Up!

Monday, September 28th, 2015


NDC is excited to announce that our Sunny View Village project in Freeland, Washington, has competed lease-up. Located in the City of Freeland on Whidbey Island, The project consists of a cluster of family apartments totaling 26-units of affordable housing. Seven units will have Project Based Section 8 Rental Vouchers and will be set aside for homeless/very low income families, thirteen are set aside for those earning 50% AMI, five are reserved for 60% of AMI with a on-site manager’s unit.


NDC CEF partnered with Common Ground and the Housing Authority of Island County, using a combination of Low-Income Housing Tax Credits, Tax-Exempt Bond Financing, Island County HOME Funds, and Island County 2063 Funds to help finance and develop the $6.3 Million project.


Affordable Housing Project in Seattle Breaks Ground – In One of the City’s Most Desirable Neighborhoods

Friday, April 16th, 2010

On Thursday, April 16th, NDC took part in a celebration and  ground breaking in Seattle, Washington for one of its latest projects, Solid Ground’s Brettler Family Place. This new 52-unit family housing development is located on what was formerly the Sand Point Naval Air Station.  It is part of an extraordinary community building initiative of Solid Ground and Common Ground to provide affordable housing and community facilities in one of Seattle’s most beautiful areas, bordering Magnuson Park and overlooking Lake Washington.  NDC supplied $5.5 million in Low-Income Housing Tax Credit financing to the project through NDC Corporate Equity Fund (CEF).



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