New Tacoma 2 Receives Tax Credit Allocation. Construction Will Start Late Summer

We are pleased to announce that the Washington State Housing Finance Commission has awarded Mercy Housing in housing tax credits which will enable us to build 40 additional apartments for low-income seniors in the Tacoma Hilltop, including eight apartments set aside for homeless seniors.

The Low Income Housing Tax Credit is a critical resource for creating affordable housing. The graphic below shows how the second phase will be joined to New Tacoma Senior Apartments, and there will be a combined services and community support program for residents.