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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

Housing Diversity Corporation Announces 2024 Construction Start of 7324 MLK Jr. Way

by Adina Eaton | Dec 21, 2023

Atrium Court will bring 271 affordable apartment units to the Othello Neighborhood with support from the Amazon Housing Equity Fund Seattle, WA. – December 21, 2023 – Housing Diversity Corporation, the lead construction developer for Atrium Court, announced today that...

Work to begin on Amazon-backed affordable housing project in South Seattle

by Adina Eaton | Dec 21, 2023

Construction will soon begin on Atrium Court, a 271-unit project near Othello Station, after the project secured a low-interest loan from Amazon.

UWGLA’s Affordable Housing Initiative Announces the Closing of Fund II Aimed to Transform the Affordable Housing Landscape in Los Angeles

by Adina Eaton | Oct 23, 2023

The Affordable Housing Initiative (AHI), launched by United Way of Greater Los Angeles (UWGLA) in 2021, has proven to be one of the most innovative solutions to L.A.’s leading driver of homelessness: the lack of affordable housing. To date UWGLA has secured and raised...
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Recent Press

  • Amazon-backed housing development opens in south Seattle
  • Atrium Court Grand Opening Brings 271 Affordable Homes and Community-Owned Retail to Seattle’s Othello Neighborhood
  • 271-Unit Atrium Court Housing Development Opens in Seattle
  • 74 West Seattle units begin leasing at Keystone
  • 74-Unit Keystone Project Just Opened at 9201 Delridge Way SW

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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