With investor-donor support from the Echo Fund, Realize Impact invested $1 million in February 2023 in The Nook at Northaven, a workforce housing development in North Seattle. Yesterday, our Executive Director Matt Eldridge (second from left) had the opportunity to visit the opening of this 89-unit apartment building along with Ben Klasky of Seismic Philanthropy, and Greg, Emma and Val Gorder.
Seattle recently ranked as one of the top 7 most expensive cities, and its availability of affordable housing is severely limited. Realize Impact was pleased to join the Amazon Housing Equity Fund, BECU, the Gorder Family Foundation, and the City of Seattle in supporting development of The Nook.
The Nook includes a mix of studio, one-bedroom, and two-bedroom apartments designed for families earning 60–80% of the area median income, which is equivalent to $57,000–$90,000 in annual income. The project also includes a six-classroom early learning center where the Refugee Women’s Alliance (ReWA) will provide quality, affordable, culturally diverse, early childhood education and care for more than 100 preschoolers.
For more information about The Nook, visit https://www.nookatnorthaven.com.
