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Construction underway for 88 apartments at 4448 California Ave SW in West Seattle

by Adina Eaton | Mar 11, 2025

The seven-story development is on track to open in 2026 Housing Diversity Corporation and STS Construction Services co-hosted a groundbreaking ceremony last week for an eight-story mixed-use development near the upcoming California Ave SW Light Rail Station in West...

74 apartments to break ground soon at 9201 Delridge Way SW in West Seattle

by Adina Eaton | Mar 6, 2024

Housing Diversity Corp. has closed debt and equity for a new multifamily residential development at 9201 Delridge Way SW in West Seattle. The Keystone development, slated to replace an auto repair shop, calls for the construction of a new five-story,...

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...

Housing Diversity Corporation Closes Loan on 114-Unit West Seattle Development

by Adina Eaton | Mar 2, 2022

by DAVID LEON 23 affordable units; 65 parking stalls Housing Diversity Corporation (HDC) has closed on a $25.8M loan for a new apartment building it recently completed at the northern base of the West Seattle bridge.  The project, at 3405 Harbor Ave SW, includes 114...

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.

Contact Us

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

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