2010 Capitol HIll Housing Annual Report

annual reportto the community

September 2010

If ever there was a year in which a theme for our annual report became clear, 2010 is it. From managing our

buildings and organization, to thinking about how we engage in the community, in the world, and with the people who

live there, sustainability is the concept that defi nes our work.

Buildings and organization, communities, the world and people: This is a broad scope of work that risks sounding

grandiose. But, if we – as the adage suggests – think globally and act locally, then our objectives will be achievable.

Buildings. Our business model is centered on effi ciently managing each of our 42 apartment buildings and

demonstrating our belief that individuals and families have a right to a safe, affordable, quality home. The work Sue

Cary, Josephine Wong, Jill Fleming and their teams have done in managing a fi nancially sustainable portfolio has placed

us in the forefront of critical industry trends. As a co-recipient of a MacArthur Foundation grant, we have created a

capital needs database and other fi nancing tools to help ensure the long-term affordability and quality of our apartment

buildings, while simultaneously improving their fi nancial contribution to general operations.

Organization. In the summer of 2009, CHH embarked on a foundation-to-rooftop strategic planning process. We

gathered ideas from our foundation board, from every staff member, and from leaders in our industry and community.

We discussed and debated the direction of the affordable housing industry. We analyzed our business model and

its relevance in a changing economy. And we asked ourselves about the very meaning of our work. In the end, we

articulated our core purpose, established a blue-sky goal to drive our work forward, and reaffi rmed our organizational

values. Our leadership team has identifi ed eight major initiatives which will focus our strategic energies on being a

sustainable organization for the years to come. These eight initiatives include: optimizing our assets, building a rock-

solid organizational infrastructure, exploring strategic partnerships, leveraging our core competencies through vertical

integration, growing our capital reserves, furthering our community development work, exploring a capital campaign,

and as always, developing extraordinary affordable housing in a community context.

Communities. Our name is Capitol Hill Housing. Six-hundred and eighty-eight of our 1,102 apartments are located

in the Capitol Hill neighborhood. Our intensive community involvement is the natural result of our core purpose – to

build vibrant and engaged communities. We lead through active engagement on local boards and through community

advocacy. We are a driving force behind the transit oriented development at the Capitol Hill Light Rail station. But

our community work doesn’t stop here. After being invited to White Center to assist with the development of Strength

of Place Village family apartments, we established partnerships with the White Center Community Development

Association and Delridge Neighborhoods Development Association. More broadly, we are working with our colleagues

at the Community Development Collaborative to create sustainable communities in Seattle and beyond.

World. Everything we do locally affects the broader world. At Capitol Hill Housing we are doing our part to be

more responsible and less wasteful. Through the work of our Green Team we have eliminated the use of toxic cleaners.

At our White Center development, existing buildings were deconstructed so that their parts could be reused and

recycled. We always develop our buildings with LEED standards as our guideline, and we have initiated conversations

to establish Capitol Hill as an eco-district. We are all responsible for building a sustainable environment.

People. Our work is given meaning by the success of the people we support. People like Todd Blum, an artist

who lives and paints at the Helen V Apartments, and the Absher family, who have found a stable home at the Pantages

Apartments, are able to plant solid roots and focus on important things like work and family. By providing great

housing in healthy communities near work, transportation, and recreation, we help people build sustainable lives.

“Sustainable” is a buzzword and buzzwords run the risk of losing their meaning through overuse. Yet, at Capitol

Hill Housing we put the meaning of the word to work every day. Sustainability is local and global. It is about good

business and about helping people. From our buildings to the world, this is what we do: We build great, sustainable

communities. We invite you to read on, learn more about our work, and join us as we go forward.

Andy Read Christopher Persons

Board President Executive Director

Andy Read

Christopher Persons

Cover: The newly renovated

Holiday Apartments

photos: William Wright

Photography and others.

The Ponelateat family lives at Gale

Place Apartments in Rainier Valley

photo: Erika Wilson

Capitol Hill Housing builds

vibrant and engaged communities

Core ValuesWe believe in each person’s right to a safe,

affordable, quality home.

We act with integrity in our lives and

with passion for our work.

We cultivate a strong team that leads

through a commitment to excellence.

We are responsible stewards of our properties,

communities, and environment.

We are caring and respectful of all residents,

staff, community partners, and neighbors.

Extraordinary Affordable Housing

About Capitol Hill Housing

Capitol Hill Housing provides affordable housing and leads community

development efforts – helping families, immigrants and the recently homeless.

Based in Capitol Hill, we have properties in nine Seattle neighborhoods.

Since 1976, we have served low and moderate income residents and worked

to improve the Capitol Hill neighborhood for all.

CHH helps people of limited means have a home. We provide a secure,

affordable home to more than 1,600 people each night, including hundreds

of children. We place a special focus on affordable housing for families. In

neighborhoods where two and three bedroom homes are rare, CHH works

to develop new large apartments.

Many CHH residents come from a situation of poverty. Our residents include

single parents and their children, senior citizens bankrupted by medical bills,

and refugee families escaping political strife. Living in a CHH apartment

allows them to afford other necessities such as food, transportation and

healthcare. Hundreds of our neighbors across the city have an affordable

home because of Capitol Hill Housing.

Our Community Development work focuses on transit oriented development,

preservation of historic buildings, creating walkable neighborhoods and

supporting a thriving commerical district on Capitol Hill. We strive to

impact specifi c households we serve as well as the entire community.

CHH currently owns and operates 42 buildings across Seattle, including

historic Seattle apartments and new, award-winning projects. We are proud

to develop buildings in a community context and provide affordable homes

that strengthen the neighborhoods we live in.

Having a permanent home has meant that

Fekadu and his family have the time and space

to adapt to their new life in America.

Photos: Bellen Drake

Securing a Stable Future

Fekadu Absher left Ethiopia in early 2009 with his wife and two sons. He came to the United

States with a vision of fi nding work and making a better life for his family than the one that they had

left behind. He quickly found that things were not as he expected. The job market had collapsed

and Fekadu was unable to fi nd employment. The transition to a new country and a new culture,

which was already diffi cult, became even harder. Fekadu and his family stayed in a Seattle shelter

provided by the YWCA. A case worker was able to connect him with Capitol Hill Housing, and

together they found Fekadu and his family a place of their own in the Pantages Apartments.

Eventually, Fekadu found work with a local janitorial agency. His employers saw how hard

he worked and upon his request he has been able to work at a single building near his home,

instead of different sites all over the city. His wife enrolled in Seattle Central Community College

for ESL classes. They both love living on Capitol Hill because it allows them to work and study

close to home and near their boys.

After a year of steady employment, Fekadu’s income exceeded the program’s limits. He

spoke with the resident manager who assured him that his family had other options within CHH,

and that they would not have to leave the neighborhood. Fekadu and his family moved to the

Broadway Crossing, just a few blocks away. The unit is a little more expensive but he has learned

to adapt within the system. “This is something I have had to learn in coming to Seattle,” he says.

Having a stable home has meant that Fekadu has the time and space to adapt to his new

life. He and his wife have made a number of friends in Seattle and discovered our rich Ethiopian

community. While at the Pantages, Fekadu and his wife made friends with other Ethiopian

families living in the building. On evenings when Ethiopian musicians came to play shows at

Magnuson Park, his neighbors would watch his boys so that he and his wife could have a night

out. They attend an Ethiopian Orthodox church, frequent some of the local

Ethiopian restaurants, and in general meet a number of families who

are expatriates like themselves. With a smile on his face Fekadu

explains that his sons, aged 7 and 3, already speak English

perfectly. He worries that they may not learn Amharic, the

language of Ethiopia, as they grow up in the US. But he is proud

that they are making friends and fi tting naturally into their new

environment.

Though he is still adjusting to Seattle’s cold

winters, Fekadu is determined to stay here and

become an American citizen. He and his family have

found a home on Capitol Hill, parts of which

remind him of the town he left in Ethiopia.

He is thankful to CHH and its staff for

giving him, his wife, and their sons the

opportunity to get a secure start in the

United States.

Supporting families and individuals in affordable housing

and keeping communities strong

The Capitol Hill Housing Foundation is a non-profi t organization supporting Capitol Hill

Housing and its extraordinary work creating affordable housing and advancing community

development. The Foundation mobilizes resources for the 1100 households, 377 kids and 42

buildings that make up the Capitol Hill Housing community.

Helping families, keeping rents affordable, and supporting new building development,

the Foundation keeps our neighborhoods and CHH strong. The Foundation connects CHH’s

mission and work to the broader community through communications and outreach activities.

By raising funds to support the many people and programs of CHH, the Foundation

is a constant source of strength. The Foundation sustains general operations at CHH and

supports programs such as housing for large families, transitional services for formerly homeless

households, and community development in the changing neighborhoods around Seattle. The

Foundation also cultivates resources for new initiatives.

Your support helps create affordable housing opportunities for our neighbors, helps move

families out of homelessness and makes sure that we can keep rents affordable for seniors, single

parents, recent immigrants and other members of our community. Please donate today.

At 82, Virginia Salter

knows she has a secure, affordable place

to live in the 18th Avenue Apartments.

Virginia is just one of scores of seniors

who have found a home with

Capitol Hill Housing.

Capitol Hill Housing Foundation

Board of Directors

Melora Hiller, Board Presidnet

Principal

Melora Hiller Consulting

Randy Robinson, Vice President & Treasurer

VP and West Region Manager,

Community Development Lending, KeyBank

Dean Kralios, Secretary

Associate Principal, SMR Architects

Tom Ambrey

CEO, RAFN Company

Marlys Erickson

Executive Director, Pike Place Market Foundation

Jerry Everard

Founder, Neumos

Partner, Groff Murphy

Patrick Grimm

Owner, Windermere Real Estate Capitol Hill

Donna Moodie

Owner, Marjorie Restaurant

Christopher Persons

Executive Director, Capitol Hill Housing

Ellen Taussig

Founder, Northwest School

Chuck Weinstock

VP Community Development Banking

JPMorgan Chase

Capitol Hill Housing Foundation

Michael SeiwerathExecutive Director

Joshua OkrentManager of Fundraising and Operations

Lead artist Karen Stocker, resident manager

Earllene Lopez and artists with Coyote Central

celebrate their collaboration: a mosaic wall at

the Broadway Crossing Apartments.

Photos: Bellen Drake and Joshua Okrent

Capitol Hill HousingFoundation

For more information or to make a donation,

please contact Michael Seiwerath

Email: [email protected]

Phone: 206-204-3840

Online: capitolhillhousing.org/support.asp

Follow our events and get involved at

www.facebook.com/capitolhillhousing

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Key Achievements

Broke ground on Strength of Place Village, 30 affordable apartments

developed in White Center in partnership with the White Center CDA and

Delridge Neighborhoods Development Association.

Renovated the Holiday Apartments, a mid-century building brought back to

life as Capitol Hill’s fi rst transit oriented development around the new light

rail station.

Facilitated a community discussion about the future of transit oriented

development on Capitol Hill – and broke the attendance record for our annual

meeting.

Adopted a new vision framework for the organization, articulating our core

purpose, identifying new initiatives, and developing a plan to keep CHH

fi nancially strong for decades to come.

Achieved a 100% occupancy rate at a point in time, a fi rst in over a decade, due

to tremendous demand and strong property management.

Launched the 12th Avenue Neighborhood Festival, which attracted more than

2,000 visitors, 20 restaurants and 20 vendors.

2010 Annual meeting- A discussion of Transit

Oriented Development on Broadway –

Board member Michael Malone,

Executive Director Christopher Persons, and

Board Member Catherine Hillenbrand chat with

King County Executive Dow Constantine

Strength of Place Village –

CHH Housing and Community Developer

Kate Gill de la Garza (center) watches as

community members envision the

Strength of Place Village.

12th Avenue Initiative –

An enthusiastic crowd on a hot day

enjoying the offerings at the

12th Avenue Neighborhood Festival.

Photos: Erika Wilson and Joshua Okrent

CHH

Financial

Statements

Condensed Statement of Revenues, Expenses, and Changes in Net Assets

Year Ended 12/31/09 Year Ended 12/31/08 CHHIP and CHHIP Tax Credit CHHIP and CHHIP Tax Credit

Owned Buildings Partnerships Owned Buildings Partnerships

Operating Revenues: Gross rent potential 5,243,345 3,928,665 $4,638,796 $3,236,601Vacancy loss (344,121) (179,764) (220,063) (160,676)Fees, Donations and Other Income 1,417,356 159,819 1,215,265 480,524 Project development fees – – 217,676 –Total operating revenues 6,316,580 3,908,720 5,851,674 3,556,449

Operating Expenses: Salaries, benefi ts, and payroll taxes 2,599,697 564,911 2,409,886 537,801 Operating, maintenance, taxes, insurance 1,927,083 1,306,988 1,656,264 962,934 Professional fees 254,258 248,402 196,097 515,641 Administration 305,199 348,811 272,624 54,879 Bad debt and other 213,381 149,227 260,420 204,048 Total operating expenses 5,299,618 2,618,339 4,795,291 2,275,303 Operating income (loss) before depreciation 1,016,962 1,290,381 1,056,383 1,281,146 Depreciation and amortization 1,140,401 1,965,696 1,096,602 1,839,000 Operating income (loss) after depreciation (123,439) (675,315) (40,219) (557,854)

Nonoperating revenue (expense): Donation of property – – 2,900,903 – Sale of transferable developmentrights & easement 714,000 43,920 Net interest expense (1,054,929) (1,039,299) (901,272) (1,000,532) Total nonoperating income (expense) (340,929) (995,379) 1,999,631 (1,000,532)

Change in net assets: (464,368) (1,670,694) 1,959,412 (1,558,386)

Net assets: Beginning of year 6,124,813 13,091,124 4,184,946 14,521,478 Change in component units – – (19,545) 19,545 Capital contributions – 1,512,279 108,487

End of year: $5,660,445 $12,932,709 $6,124,813 $13,091,124

Condensed Balance SheetASSETS Year Ended 12/31/09 Year Ended 12/31/08 CHHIP and CHHIP Tax Credit CHHIP and CHHIP Tax Credit

Owned Buildings Partnerships Owned Buildings Partnerships

Current Assets: Cash and cash equivalents $532,196 419,993 $705,430 $339,146 Accounts receivable (net) and other current assets 647,299 168,414 873,504 147,777Total current assets 1,179495 588,407 1,578,934 486,923

Restricted cash and cash equivalents 4,280,524 3,144,705 4,526,125 3,047,806 Lease, notes receivable, all other assets 4,388,519 1,004,582 4,417,943 1,128,767 Land, building and equipment, net 39,565,947 48,213,853 39,174,823 49,951,813

TOTAL ASSETS: $49,414,485 $52,969,547 $49,697,825 $54,615,309

LIABILITIES AND NET ASSETS

Current Liabilities: $3,220,277 $2,281,741 $1,811,261 $3,659,895

Mortgage notes payable 37,828,191 36,712,810 39,245,592 36,884,509 Accrued interest payable 2,705,572 1,042,287 2,516,159 979,781TOTAL LIABILITIES: 43,754,040 40,036,838 43,573,012 41,524,185

Net Assets: Total restricted net assets 4,280,524 3,144,705 4,526,125 3,047,806 Invested in capital assets, net of related debt 469,774 11,438,991 (70,153) 11,170,437 Unrestricted 910,147 (1,650,987) 1,668,841 (1,127,119)

TOTAL NET ASSETS 5,660,445 12,932,709 6,124,813 13,091,124

TOTAL LIABILITIES AND NET ASSETS $49,414,485 $52,969,547 $49,697,825 $54,615,309

Capitol Hill Housing (CHH) with its

partnerships owns and operates over $102

million in total assets and generated operating

income before depreciation of $2.3 million.

For CHH and CHH owned buildings, assets

exceeded liabilities at the close of 2009 by nearly

$5.7 million. Cash and cash equivalents at

December 31 totaled $532,196.

Rent revenue increased 9% in 2009 as we

continue to bring our rents closer to the industry

standard while taking into account market

conditions. Vacancy loss for 2009 was 6.6%

compared with 2008 at 4.8%. Although higher

than the previous year, 2009 vacancy compared

favorably to the overall rental market in Seattle

which ended 2009 at 7.7%.

During 2009 there was no development

fee revenue as several projects in the

predevelopment stage were stalled due to the

economic downturn. Development fee revenue

in 2008 and 2007 was 2% and 4% of total revenue

respectively while in previous years it has been

as high as 15% of total revenue.

On January 15, 2010, the Holiday

Apartments Limited Partnership closed with an

investor limited partner allowing the Program to

repay and reduce debt related to the acquisition

of the Holiday Apartments. A second tax credit

development was funded during 2010.

Operating and maintenance expenses

increased in 2009 by 18%, refl ecting the increased

costs of managing an aging portfolio as well as

a full year’s operations for the two buildings

acquired in 2008. In 2008 the increase was 53%

refl ecting the addition of the three properties

and substantial repair work performed at several

of the buildings.

Contributions and grants (within Fees,

Donations and Other Income), excluding

the 2008 Ponderosa donation of $2,900,903,

increased from $377,765 to $529,411 in 2009.

The Ponderosa donation, in which we took

ownership of the apartment building in return

for assuming the mortgage and committing

to maintain the property as affordable, was an

unusual occurrence.

Audited fi nancial statements are available by

contacting CHH offi ces.

Board of Directors

Andy Read, President

Partner, Deloitte & Touche, LLP

Board member since 2003

Alice Quaintance, Vice President

Data and Finance Manager

Manufactured Housing Community Preservationists


Sharron O’Donnell, CPA, Treasurer

Senior Manager, Bader Martin PS


Brian Lloyd, Secretary

Development Director, Beacon Development Group


Paige Chapel, Immediate Past President

Executive Vice President, CARS™


Carla DewBerry

Owner, Garvey Schubert Barer


Catherine Hillenbrand

Chair, Capitol Hill Champions TOD group


Elizabeth Dunn

Principal, Dunn + Hobbes, LLC


Rodney Hines

Director of Community Investments

Starbucks Coffee Company


Samuel Jacobs

Attorney & Partner, Mosler Schermer Jacobs & Sieler


Fred Kiga

Director of Tax Policy, Amazon.com


Michael Malone

Principal, Hunters Capital


Matt Roewe

Director, VIA Architecture


StaffManagement TeamChristopher PersonsExecutive DirectorJosephine WongChief Operating Offi cerJill Fleming, CPAChief Financial Offi cerBetsy HunterChief Real Estate DevelopmentOffi cerSue CaryDirector of Asset Management

AdministrationAsia Fahie Ashley Palar Laurie Parker Erika Wilson

FinanceRosemary AllenShukri EgalBasia Rose Kristin StormAnna Yip

MaintenanceGerry CluphfScott McEachran Michael Nogler

Property Management and LeasingBillie Abers Tristan House Dora Lee Katrina McMillian Dianne MorelandScott Pearson Scott Vederoff

Real Estate and Community DevelopmentKate Gill de la GarzaCecelia Gunn Katie Porter

Resident and Assistant Resident ManagersDennis AdamsPaul Adusah Joe BlackAlfredo ChavezZachary CraftJeffery DixonAlem Fanta Bob Fletcher Justin FuquaCassandra Gamble Eric HaniskoWilliam Hanley Leslie Hodges Micah Huber-KurthLuis Huenuqueo Myles Hulsey

Henry Kleaveland Heidi Knickerbocker Earllene Lopez Efrain MondragonAntoinette NicholasMyong NicholasSteve Potter Beth QualePatrick QuinnTiffany RichardsonTanzania RoachEric Shinkle Allen Skytta Mike StaczekBrian SteenDeborah TaylorKeith TimcoAmanda ValdiviaMichael WebberPamela Wilson Don Young

CHH Staff Betsy Hunter, Andy Phillips (SMR Architects), Ashley Palar, Steve Potter,

Christina Bollo (SMR Architects), Maxine Skytta and Debbie Taylor at a work party for

the newly renovated Holiday

CHH Staff and Board

Back Cover:

Photo of Todd: Bellen Drake

Photo of Park Hill Apts:Erika Wilson

2009-2010 VolunteersAlisha Agard

Simone Barley-Greenfi eld

Alana Bell

Christina Bollo

Sharmaine “Maine” Brown

Hattie Good

Michael Good

Anne-Marie Guerren

Johnny Gunn

Joy Jacobson

Rachel Kessler

Niema Kirk

Shayla Maupin

Kelsey McMillian

Brandon McMillian-Thomas

Curtis Mott

Cheri Nichols

Emily Norris

Felix Ottersbach

Paige Pauli

Andrew Phillips

William Pontius

Deloris “Dee” Regal

Laura Reifel and employees of

Umpqua Bank

Residents of the Pioneer

Fellowship House

Rachael Robinson

Trevor Russ

Barbara Schneider

Iris Seiwerath

Ruby Seiwerath

Maxine Skytta

McKenzie Smith

John Stewart

Tanaka “Taka” Takayuki

Kendra Tate

Torre Triplett

Lidiya Tsoy

Eddie Walker

Samantha Bowers Welte

Emily Wheeler

Windermere Capitol Hill Employees

IndividualsBillie & Albert Abers

Tom Ambrey

Emily Bader

Dana Behar

Christina Bollo

Jay Borseth & Mary Lynn Jensen

Andrew Brand

Don & Lois Brewer

Eric Brown

Kate Burns & Tim O’Neill

Susan & John Cary

Please join our supporters in helping to build vibrant and engaged communities. Contributions of any size help transform lives and provide safe, affordable

homes for over 1600 people throughout Seattle.

Scott Catton

Paige Chapel & Rhiannon Lombard

Sue Coliton

Carla DewBerry

Michael Dotson

David Dunneback

Marlys Erickson

Jerry Everard

Billie Fisher

Jill Fleming

Bryan Friend

Rob Fulwell

Judith Gille & Paul Atlas

Sebastien Glowacki

Pat Grimm

Bob Hale

Judith Herrigel

Richard Hesik & Barbara Johns

Katherine Hester

Merrill Hille

Catherine Hillenbrand

Melora & Henryk Hiller

Brad Hinckley

Harry Hoffman

Norman Hollingshead

Ron Hopper

Sharon Hughes

Doug Ito

Cynthia Jacobs

Samuel Jacobs

Joy Jacobson

Martin & Leslie Kaplan

Kathleen Kelly

Grace Kim & Michael Mariano

Amy Kosterlitz

Dean Kralios & Scot Partlow

Jack Kuester

Jan Laskey

Kam Lee

M.A. Leonard

Sarah Lewontin

Chris Libby

Sallie Lin

Ken Linkhart & Marsha Wolf

Daniel & Julie Little

Brian & Jennifer Lloyd

Donald Logan

William & Martha Longbrake

Earllene Lopez

Michael & Barbara Malone

Don Mar

Tom Matthews

Ann Melone

Jenifer Merkel

Donna Moodie

Christopher Moxon

Jim Mueller

Sara Nelson

Heidi Oien

Jim Patterson

Sarah Perez

Chris Persons

Diane Pietrowski & Mark Young

John Policar

Andrew Prather

Alice Quaintance & Doug Hobkirk

Andy & Kerilyn Read

Troy Rector

Bill Reid

Elizabeth Rinehart

Randy Robinson

Michael Romine

Sarah Schuyler

Allison Schwartzman

Mary Ann & Dave Seiwerath

Michael Seiwerath & Rachel Kessler

Scott Shapiro

Casey Smith

Donald & Kathleen Smith-DiJulio

Pamela Stewart

Charles Strazzara

David Sundine

Eric Svaren

Jim Sweeney

John Tarrant

Ellen Taussig

Val Thomas

Brad Trenary

Bill & Ruth True

Steve Utt

Chip Wall

Heyward Watson

Jonathan Weil & Dr. Swee Lian Tan

Chuck Weinstock

Philip & Christina Wohlstetter

Pat Woodley

Charles Wright

Corporations, Foundations

and Small Businesses Ambessel Restaurant

American Drapery Blind Carpet

ART/NOT TERMINAL

GALLERY

City of Seattle Offi ce of Housing

Clark Nuber

Community Health Plan

Deloitte & Touche

Flora and Henri, Inc.

Foster Pepper PLLC

Gates Foundation

GGLO

Happy Hauler

Housing Development Consortium

Hunters Capital

I.L. Gross Structural Engineers

Interland Design

JPMorgan Chase

KeyBank

Kovalenko Hale Architects

Microsoft Employees

Nube Green LLC

Oddfellows Cafe & Bar

Quality Plumbing

Sable Painting & Restorations

Satterberg Foundation

Seattle Foundation

Seattle University

SMR Architects

Studio Meng Strazzara

Union Bank, N.A.

United Way of King County

US Bancorp Foundation

Washington Women’s Foundation

Windermere Foundation

In-kind SupportZone Four

Red Propeller

DEI Creative

Cleanscapes

Starbucks Corporation

Michela Communications

Seattle University

Bluebird Ice Cream

Windermere Real Estate Capitol Hill, Inc.

Sorrento Hotel

Top of the Town Sponsors Presenting SponsorJPMorgan Chase

Signature SponsorHunters Capital

Event SponsorsCaffé Vita

Common Bread, LLC

Kantor Taylor Nelson Boyd & Evatt PC

KeyBank

RAFN

Seattle Central Community College

Seattle University

SMR Architects

Union Bank, N.A.

US Bancorp Foundation

Walsh Construction

Watson & McDonell, PLLC

Donor list

November 1, 2009 – August 15, 2010

Every effort was made to include all donations.

If you were inadvertently left off the list, please

notify Michael Seiwerath, Executive Director of

the Capitol Hill Housing Foundation: 206-204-

3840 or [email protected] supported by the Capitol Hill Housing Foundation

Donors

1406 10th Ave., suite 101

Seattle, WA 98122

206-329-7303

www.capitolhillhousing.org

www.facebook.com/capitolhillhousing

www.capitolhillhousing.org

Non-Profi t Org.

US Postage

PAID

Seattle, WA

Permit # 6921

CH Development Association, supporting:

“I couldn’t do the quality of art

I am achieving now without this apartment.”

– Todd Blum

After years of living in different cities, Todd,

a carver and painter, has found a secure and

affordable home at the Helen V apartments.

Documents

2010 Capitol HIll Housing Annual Report