Initially formed in response to economic disinvestment in Seattle's Capital Hill neighborhood, Capital Hill Housing (CHH) grew rapidly within its first few years, including the development of a Home Improvement Loan Program and Homesharing for Seniors Program. Since 1976, CHH has helped developed more than 1,000 units of affordable housing and now owns 42 buildings in Seattle. One of its recent projects, Broadway Crossing, was ranked best overall project by Affordable Housing Finance magazine in 2008, due to its ability to balance the commercial demands of Walgreens on the ground floor, while still generating affordable, LEED silver certified, and transit-oriented housing for community residents.
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