Spokane Apartment Complex Earns National Award

The Affordable Housing Tax Credit Coalition has presented the Ridpath Club Apartments in Spokane, WA the Charles L. Edson Tax Credit Excellence Award, recognizing affordable housing that has demonstrated impactful use of the Low-Income Housing Tax Credit.

“I’m delighted that Ridpath Club Apartments is a recipient of this year’s Edson Award,” said Washington Senator Patty Murray. “In the face of a serious homelessness and housing affordability crisis, the Ridpath Club Apartments have provided relief to renters in Spokane who’ve struggled to make ends meet.”

Ridpath Club Apartments provides 184 affordable homes in the historic Ridpath Hotel. The 4% Housing Credit was used to finance the property along with soft loans form the City of Spokane and Washington State Housing Finance Commission. The fully occupied property also includes 5,000 square feet of commercial space. Onsite resident coordinators provide access to services, including food banks and education centers.