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Affordable Housing Project Hirabayashi Place Gets $11M Investment

Ground was broken on Hirabayashi Place, an affordable housing development on the corner of South Main Street and Fourth Avenue South, back in January. The project, which received capital funding from the city back in 2012, just received a fresh investment to ensure its completion. The complex received $11M in housing credit equity provided from Enterprise Community Investment, Inc. through investor Morgan Stanley. Hirabayashi Place will provide 96 residential units, 15 of which will be set aside for formerly homeless individuals and families, as well as with ground-level commercial space, retail space and daycare facilities.
· All Hirabayashi Place coverage [Curbed Seattle]