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Housing Diversity Corporation Announces 2024 Construction Start of 7324 MLK Jr. Way: A Diverse Vision for Seattle’s Othello Neighborhood

by Adina Eaton | Dec 28, 2023

In a significant stride towards fostering housing diversity in Seattle’s Othello neighborhood, Housing Diversity Corporation spearheads the commencement of construction for Atrium Court. The eagerly awaited eight-story, mixed-use housing development is set to...

Amazon loan jumpstarts affordable housing project in South Seattle

by Adina Eaton | Dec 26, 2023

For-profit developer lands $16M from e-commerce giant for 271 units Amazon has delivered a different sort of package to a residential developer with plans for an affordable residential complex in South Seattle. The Seattle-based e-commerce behemoth’s Amazon Equity...

271 affordable apartments to break ground at 7324 MLK Jr. Way in Othello

by Adina Eaton | Dec 26, 2023

The mixed-use project from Housing Diversity Corp. would cater to renters at 50 to 80 percent of AMI Construction is set to begin in early 2024 for a new mixed-use apartment complex in Seattle’s Othello neighborhood, developer Housing Diversity Corporation...

With Amazon backing, start nears for 271 Rainier Valley units, all to be affordable

by Adina Eaton | Dec 24, 2023

Housing Diversity Corporation says it’ll break ground next month on an affordable housing project at 7324 Martin Luther King Jr. Way S., near Othello Station.

Housing Diversity Corp. Secures $16MM Loan From Amazon Fund for 271-Unit Affordable Housing Project in Seattle

by Adina Eaton | Dec 22, 2023

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About Housing Diversity

Housing Diversity Corporation (HDC) is a leading impact investment fund manager and real estate developer pioneering innovative housing solutions. We create high-quality housing across the affordability spectrum (0-120% AMI) through multiple approaches, with a growing focus on tax-exempt bond structures and municipal master leasing partnerships. Our strategic collaborations with Enterprise Community Partners, United Way of Greater Los Angeles, Amazon Housing Equity Fund, and LAHSA have produced nearly 3,000 units, including 374 homes for people experiencing homelessness. Founded by Brad Padden, HDC strategically locates developments near transit, employment, and amenities (94 average Walk Score), creating communities that foster economic diversity and social cohesion. With projects in Seattle and Los Angeles, we’re adding a new leg to the stool of affordability—creating essential housing for residents, municipalities, employers, and communities.

Mailing Address

Housing Diversity Corporation
600 1st Ave Suite 330
PMB 58151
Seattle, WA 98104

Office Address

Housing Diversity Corporation
500 Broadway
Seattle, WA 98122

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