November 14, 2018

Celebrating the Grand Opening of 22 North in Bellingham, Washington

Grand Opening of 22 North in Bellingham, Washington

Opportunity Council is celebrating the grand opening of 22 North in Bellingham, Washington! This development created 40 homes for families, including 27 set aside for homeless individuals, with a preference given to youth.

Opportunity Council and Northwest Youth Services will provide services for mental health, educational readiness, financial literacy, and life skills. 22 North is located in a lively neighborhood of southwest Bellingham with access to grocery and healthcare services. Employment and educational opportunities are a short distance from the property and are readily accessible through public transportation. 

Financing

Heritage provided $5.15 million of construction financing. Permanent financing included $1.0 million from a City Levy and $430,000 from a Northwest Youth Services Loan. Enterprise provided $7.1 million in equity on behalf of Heritage.
 

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