Link Studios Link Studios Apartments features 60 studios within an eco-friendly single wood-framed structure.

SEATTLE—Local job growth is nearly twice that of the US growth rate as a whole and–as a result – Seattle and broader King County continue be one of the most expensive US housing markets. Although holding a position as one of the hottest housing markets in the country has its benefits, it also translates to an extremely unforgiving rental market for middle- and low-income individuals and families, says Conor Hansen, director of real estate at Mt. Baker Housing.

However, the recent purchase of a three-story multifamily residential building, Link Studios Apartments, represents Mt. Baker Housing’s first new construction and a rare open-market acquisition by a nonprofit developer for affordable housing. The affordably priced building will rent to tenants between 40% to 60% of area median income/AMI.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of 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.

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