The re-development of Liberty Bank will help preserve affordability in the neighborhood by bringing 115 units of much-needed affordable housing. Rents for one bedrooms are anticipated to range between $504 and $1,008, depending on income.
The project partners intend to honor the legacy of Liberty Bank in design, but also by creating affordable space for local businesses and fostering community for residents in the neighborhood.
From construction, to design, to ongoing use and ownership of the building, the re-development of the Liberty Bank will set a standard for what community-led development can look like.
Homes affordable to everyday people
Square feet of space for local business
Liberty Bank Building breaks ground
The development of the Liberty Bank Building is being led by a partnership of community organizations. Read about them below.
The mission of the Africatown-Central District Preservation & Development Association is to honor, preserve, promote and develop the legacy and presence of Black Americans and newly arrived Africans in Seattle’s Central District as a vibrant community and unique urban experience.
The Black Community Impact Alliance (BCIA) is a group of cooperating organizations serving the Black Community in Western Washington. We make sure that taxpayer-funded initiatives and organizations that receive government money to work in the Black community are actually doing work to better the lives of Black children and families, particularly those with low incomes and the working poor.
Capitol Hill Housing builds vibrant and engaged communities through affordable housing and community development. We provide secure, affordable apartments to nearly 2,000 of our neighbors across the city. Based in Capitol Hill, we have properties throughout the Seattle area, including historic apartments as well as award-winning new developments.
Centerstone is a Community Action Agency supporting the diverse neighborhoods of Seattle’s Central District with a variety of services for those in poverty. Our agency recently celebrated its 50th Anniversary as part of the first generation of community-inspired organizations funded by the Economic Opportunity Act.