Capitol Hill Housing, a respected developer and manager of affordable housing in Seattle, is now accepting applications for leases at 12th Avenue Arts, their new still-under-construction housing project located at 12th Avenue and Pine Street on Capitol Hill.
Call 206-204-8745 to schedule an appointment to submit an application. Applications will be accepted through appointments, only, on a first-come, first-served basis.
Serving households earning 60% of area median income, 12th Avenue Arts will feature eighty-eight affordable apartments, performing arts space, community meeting space, and local retail. Residents will enjoy bright apartments, dishwashers, laundry on every floor, off-street community patios, and secured building access.
Eight studios will rent for $817 a month, seventy-two 1-bedrooms will rent for $883 a month, and eight 2-bedrooms will rent for $1,031 a month. Tenants can earn no more than $37,000 for a single person and $53,000 for a four-person household. Full-time students are excluded. Minimum annual income varies between $24,000 and $27,000.
As reported by the Capitol Hill Seattle Blog, 12th Avenue Arts rents are significantly lower than the Hill’s market-rate apartments. Their 2-bedroom apartments will rent for just $31 more than the median price for a Capitol Hill studio listed on Craigslist back in March.