For NEF, preserving affordable housing is just as important as creating new developments. That is why we are grateful for the opportunity to work with our partners at Vital Housing and Thurston Regional Housing Council to preserve 211 units of affordable housing in Olympia, Washington.
Courtside Apartments was the largest affordable property in the city at risk to be converted to market rate units as LIHTC units were set to expire in 2026. Now, these apartments can remain affordable for at least another twenty years. In addition to preserving affordability, Vital Housing will create a more energy-efficient development by incorporating several measures including ductless mini-splits, rooftop solar panels, energy star appliances and more.
We are always inspired by working with organizations who share in our values, mission and vision where increased access to affordable housing empowers every individual and family to reach their full potential.
Learn more about this partnership and about Vital Housing's mission to preserve and decarbonize existing affordable housing.
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