Seattle Community Investments will provide below-market rate, subordinated debt and equity financing with flexible terms to make feasible a mixed-use business development in High Point, a low-income neighborhood undergoing redevelopment in West Seattle. The mixed-use development consists of 60,000 square feet of retail space and 100 apartment units on a four-acre site that is part of a larger 120-acre HOPE VI project. The NMTC will enable the business to offer lease terms to attract a grocery store operator as the anchor tenant of the development. With federal HOPE VI funding and private equity partners, Seattle Community Investments s transforming High Point from a blighted concentration of low-income people into a new, ecologically sustainable, mixed-income community.