Security House Apartments

Security House is a gem in the heart of Belltown for seniors seeking housing. Security House offers recently remodeled one bedroom units, in a thriving downtown location. Conveniently located within walking distance of Pike Place Market, shopping, and major Metro lines servicing downtown and surrounding areas.

Amenities

Dog and cat friendly, intercom-controlled access, heat and electricity included, laundry facilities on site, elevator access, some units with water views, community room with cable TV, weekly coffee hour with monthly activities, and computer available in the library.

Special Information

Subsidized property, serving low and very low income individuals, and residents pay 30% of their adjusted income. Applicants must be 62 or older, or handicapped/disabled to be eligible for housing.

NOTE: The waiting list is currently closed. Bellwether does not accept Portable Screening Reports.

Full-Time Students

Due to Federal funding requirements for this property, applicant households must have an adult member who is not a full-time student unless one of the following student prohibition exceptions is met. You are:

married and filing a joint federal tax return with spouse
a single parent with a minor child and neither are dependents of a third party
receiving benefits under Title IV of the Social Security Act (e.g., TANF)
At least one student participates in a program receiving assistance under the Workforce Innovation and Opportunity Act or under other similar, federal, state or local laws. (Attach documentation of participation.)
previously under the care of a state foster care system

Note: Bellwether does not accept Portable Screening Reports.

HOUSING DEVELOPMENT HISTORY

Housing Development History

Security House Apartments

2225 4th Ave

Seattle, WA 98121

Location: Seattle, Belltown

Date Acquired: 1999

Unit Type: 107 one-bedroom apartments

Communities Served: Low-income and very low-income seniors and people with disabilities

Total Cost: $14,500,000

Funding Sources:

Tax-exempt loan from U.S. Bank

Bond issued by SHA

Tax credit equity from Washington Mutual Bank

City of Seattle Loan

Project Description:

Acquisition and rehabilitation of Section 8 Housing for low-income seniors. The project includes 15,000 square feet of ground-floor office and commercial retail space as well as two property management units. The building rehabilitation included a new roof, windows, common areas and elevator improvements.