Middle Housing
Loan Features
As low as 15% down- 85% LTC
Washington House Bill 1110: Funding All Nine Middle Housing Types
Condo-ized Fix-&-Flip SFR + 2 DADU Combination loans
All-In-One: Acquisition to Vertical financing wrapped in one close- up to 18 month initial term.
Funding All Cities in King, Pierce, and Snohomish Counties
Creative Loan Structures: Splitting a project into multiple loans when possible to accelerate builder proceeds.
Overview
The Washington State Legislature recently passed HB 1110, a transformative housing bill that represents the most significant zoning shift in Western Washington in decades. This bipartisan legislation addresses the housing affordability crisis impacting the Pacific Northwest.
HB 1110, along with HB 1337 regarding ADUs, takes effect on July 1st, 2025. The bill allows for 2-4 units on lots traditionally zoned as "Single Family" in King, Pierce, Snohomish County, and beyond. Additionally, two ADUs will be permitted alongside the 2-4 units, potentially creating up to 6 housing units on certain parcels.
Residential properties near mass transit could see even higher density and relaxed parking requirements. This increased density will expand the supply of smaller, more affordable housing options for future Washington residents.
Bellevue Lending is at the forefront of middle housing financing. We offer creative and adaptive products, including bridge loans, remodel loans, and new construction loans, specifically designed for this housing type. Our competitive terms and instant analysis ensure we can meet the timing, sequence, and scope of your next Middle Housing project.
We are committed to staying informed and updated on the specific nuances of Middle Housing regulations in each city, as jurisdictions have flexibility in tailoring middle housing to their unique design and planning goals.
MIDDLE HOUSING DEFINED
Middle housing refers to a category of residential buildings that typically falls between single-family homes and larger multiunit buildings. These types of homes are designed to provide more density in neighborhoods while maintaining a profile that blends well with existing single-family homes.
4 UNITS WITH ALLEY ACCESS
Four homes in two side-by-side duplexes with access to surface parking from an alley.
4 UNITS WITHOUT ALLEY ACCESS
Four homes in two duplexes with two surface parking spaces accessed from the street.
FOURPLEXES
Four units that can also be arranged in different configurations
TOWN HOUSES
A row of attached homes with shared walls, each having its own entrance.
COTTAGE CLUSTER
Small homes grouped together around a hared common space.
ACCESSORY DWELLING UNITS
(ADUs)
Smaller, seperate units typically added to a single- family property (such as a basement apartment or a backyard cottage
