AMI eligible units update:
ALL UNDER CONTRACT
NO LONGER AVAILABLE
Daniels Real Estate with King County and the City of Seattle partnered to provide attainable home ownership in Pioneer Square.
A number of homes at Gridiron WERE reserved for people earning a maximum of 115% of the Area Median Income. You qualified if in your 2021 tax returns (1040) your Adjusted Gross Income shows less than:
A single person and your income did not exceed $108,500
Part of a two-person household with income under $124,000.
As part of larger combined household, please refer below*.
This WAS a one-time entry opportunity for homeownership in downtown Seattle, with no restrictions on future sales of these homes. After your purchase you could sell at market rate prices.
Now, 12 6 NONE of these 12 homes are LEFT.
SAMPLE AMI UNITS
Unit 514
Urban 1 Bed • 1 Bath • 548 SF
SOLD
Unit 507
SOLD
Studio • 1 Bath • 460 SF
*The 2021 area median income for a family of 4 according to HUD is now published at $134,600. The 115% AMI limit is $155,000. ($134,600 x 115%=$155,000, rounded to nearest 1000)
For each step down in a family member the number is adjusted by 10%, as follows:
Family of 4: 155,000
Family of 3: 139,500
Family of 2: 124,000
Family of 1: 108,500