Kōz on West 4th - Spokane, WA
Kōz on West 4th is a 210-unit workforce housing multifamily development in Spokane, WA. Kōz on West 4th will meet the demands of Spokane’s affordable housing needs by pricing at least 55% of the units at or below 80% of AMI.
Total Project Cost: $16mm
Catalyst Equity Investment: $6.2mm
Impact Thesis:
Provide critically needed workforce attainable housing with greater than 50% of the units offered below ~80% of AMI
Leverage a 12-year multifamily tax exemption provided by the City of Spokane for multifamily projects to maintain long-term affordability
Partner with an impact-aligned, female and minority-led development firm, who Catalyst has an established partnership with on other projects