Olympic Ridge future build

Capitol Hill Homes- 14th Ave, Seattle WA (Olympic Ridge)

This is a great opportunity to be part of an exciting future. The Olympic Ride’s desired location will allow its residents easy access to a dense and lively neighborhood. Within walking distance, there are multiple shops, restaurants and grocery stores including Walgreens, Safeway and QFC. You’ll be surrounded by various parks including Cal Anderson Park, Broadway Hill Park, and Volunteer Park. There are numerous public, charter and private schools nearby. Just like our other Capitol Hill development, these homes will have great access to public transportation including the light rail and bus.

Enjoy the comfort of doing laundry in your own home because these condos will have a new washer and dryer in-unit. Featuring new flooring, new appliances, paint and more; you’ll have a great combination of style and convenience.

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Expected to be completed by Fall 2023

Unit Mix

17 units total:

  • 2 basement units – 1 Bed, 1 Bath home
    • 489 – 589 sq ft.
  • 2 loft units – 1 Bed, 1 Bath home
    • 629 – 661 sq ft.
  • 11 units – 1 Bed, 1 Bath home
    • 446 – 533 sq ft.
  • 2 loft units – 2 Beds, 1 Bath home
    • 727 – 772 sq ft.

Parking:

  • Street parking

Resident Profile

  • Must have income less than 80% AMI
  • Homes will be resale restricted to provide for permanent affordability
  • Must be willing to partner and complete sweat equity hours
  • Must meet lender requirements and secure financing to meet minimum mortgage amount

Financial Information

Habitat requires our homebuyers to finance the purchase of their home with a mortgage.  Any portion of the projected purchase price which is not covered by the mortgage, cash down payment, and/or down payment assistance will be provided by Habitat. 

2 basement units – 1 Bed, 1 Bath home ($1,500.00 – $1,950.00)

2 loft units – 1 Bed, 1 Bath home ($1,625.00 – $1,950.00)

11 units – 1 Bed, 1 Bath home ($1,750.00 – $2,200.00)

2 loft units – 2 Beds, 1 Bath home ($1,850.00 – $2,450.00)

Your monthly payment will be based on your income and household size.  Homebuyers must show that they can afford this payment without being cost-burdened (defined as spending more than 35% for your gross income for housing).


Availability

Applications are expected to open Summer of 2022. To get updates when applications open, sign up for our Mailing List Below