Redondo Heights – MSC’s Newest Affordable Housing Project
Multi-Service Center (MSC) and housing developer Shelter Resources, Inc. (SRI), broke ground on their new Redondo Heights project on Wednesday, February 1, 2023. Redondo Heights is a partnership between nonprofit MSC and housing developer SRI, to rehab 132 existing residential units at what is now known as Silver Shadow Apartments and construct 202 new units, bringing 334 new quality affordable housing units to Federal Way.
“MSC is excited to be bringing more affordable workforce housing to South King County. Not surprisingly our recent Community Needs Assessment identified affordable housing as a top need in the community,” says Amanda Santo, Multi-Service Center COO. “This project will help meet some of that need, while also providing additional support for those residents who need it.”
Onsite services such as community resource navigation will be available to residents, as well as a satellite MSC Food Bank onsite to serve Redondo Heights and North Federal Way residents. The site will also feature amenities for residents such as a garden space, community room, and playground.
Constuction is anticipated to take 18-20 months. Gencap Construction (Kirkland, WA) is the builder on the new construction phase (202 units) of the project, and SRI-Rochlin Construction LLC is performing work on the renovation phase involving 132 existing units. Architect is Bumgardner Architects.
Project funders include Amazon; Enterprise Housing Credit Investments & Enterprise Community Asset Management & Fannie Mae Equity; JLL Real Estate Capital, LLC & Federal Home Loan Mortgage Corporation; JPMorgan Chase Bank; King County & Connecting Housing to Infrastructure Program (CHIP) & King County Transit Oriented Development (TOD) Fund; US Bank Trust Company, National Association; Washington State Department of Commerce Housing Finance Unit; Washington State Housing Finance Commission; and Washington State Capital Budget Appropriation.