Regions West | Seattle/Portland
Vulcan Opens Affordable Housing Development in Seattle
May 20, 2008

Vulcan Inc. today announced the opening of Borealis Apartments, a new workforce housing project in Seattle’s South Lake Union neighborhood. The development provides apartments priced to be affordable for individuals and families earning less than 80 percent of the median household income for King County. The 33,000-square-foot, six-story building includes 53 apartments. As defined by the U.S. Department of Housing and Urban Development, 2008 median incomes for 80 percent are $43,050 or less for a one-person household and $61,500 or less for a four-person household.

 
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