The Tony Lee awarded 2020 Charles L. Edson Tax Credit Excellence Award
October 27, 2021
The Tony Lee, an affordable housing development with a subsidized preschool on the ground level, recently received the 2020 Charles L. Edson Tax Credit Excellence Award in the Large Metropolitan Category. The annual ceremony in Washington, D.C. was delayed by a year due to the pandemic.
The Tony Lee was developed by the Low Income Housing Institute (LIHI). It was constructed with sustainability in mind, and includes a green roof and photovoltaic array. The site was originally home to the old Fire Station 39 building, and was generously transferred to LIHI by the city of Seattle at no cost.
The Edson Award is given to affordable housing projects that demonstrate outstanding and impactful use of the Low-Income Housing Tax Credit (Housing Credit), a tool designed to “create and preserve affordable rental housing.” The Tony Lee is yet another success in the effort to provide quality, attainable housing for those in our communities that need it most.