The Moraine - Tacoma, WA

The Moraine is a 160-unit workforce attainable multifamily development in Tacoma, WA. The Moraine employs best practices in sustainable design, including EnergyStar and WaterSense appliances, as well as rooftop solar.

• Total Project Cost: $50.7mm

• Catalyst Equity Investment: $10.0mm

• Impact Thesis:

  • Provide at least 55% of the units as critically needed workforce attainable housing below 80% of AMI

  • Leverage a tax incentive provided by the City of Tacoma for multifamily projects in order to support long-term affordability

  • Contract with Minority and Women Owned Businesses (MWBE) for 30% of the construction scope based on total project value

  • Utilize enhanced wall and window insulation along with EnergyStar and WaterSense appliances and fixtures to reduce building consumption and tenant utility costs