Rendering of three-bedroom HomeSight home being constructed at Greenbridge, courtesy of Johnson Braund Architects
Construction of the first for-sale homes at Greenbridge, a 96-acre, Three-Star Built Green™ community in White Center began. Already, 448 rental apartments have been built. Seven energy-efficient, custom designed, single-family homes will be located at the corner of SW 100th St. and Eighth Avenue SW, completing the last undeveloped parcel along the Eighth Avenue corridor. HomeSight, a nonprofit real estate development and mortgage lending organization, and KCHA have been working together to design and develop the three- and four-bedroom homes.
“This partnership marries Housing Authority resources with HomeSight’s expertise,” said Stephen Norman, executive director of the King County Housing Authority. “Together, our two agencies can assure the affordability of high quality homes for families earning up to 80 percent of the area median.”
Up to 450 new homes will eventually be offered at a variety of prices. The HomeSight project is intended to be affordable to families earning 80 percent of the King County median income or $68,480 for a family of four.
The five, three-bedroom, 2.25 bath homes start at $249,900. The two, four-bedroom, 2.5 bath homes will be offered starting at $274,900.
HomeSight will offer purchase assistance loans for first-time home buyers that can be layered on top of conventional mortgages for up to $45,000.
Located just a few blocks from White Center’s commercial core, Greenbridge will be comprised of about 1,000 rental and for-sale homes for a mix of households with very-low to moderate incomes when completely built out. The neighborhood includes the White Center Heights Elementary School; the Educare Early Learning and Head Start Center, funded through a collaboration between the Bill & Melinda Gates and Warren Buffet Foundations; a community center run by Neighborhood House and the Southwest Boys & Girls Club; a YWCA Adult Learning Center; a King County branch library; and an extensive park and trail system.
Interested buyers should contact HomeSight at 206-723-4355 or visit www.homesightwa.org for more information about these homes and free homebuyer education classes.