Corporate Partners & CRA

Build something lasting.
With people who know how.

Jabooda Cares is an AANHPI-led, CHDO-designated 501(c)(3) developing permanently affordable housing for families in King County. We qualify for CRA community development credit and are actively seeking capacity grants, project investments, and long-term bank partners.

501(c)(3) Nonprofit CHDO Designated EIN 99-4589825 King County, WA

Robert Luu and Kaitlyn Huynh with ACHDO President at Seattle affordable housing convening, October 2025

CRA Eligibility Statement

Jabooda Cares qualifies for CRA consideration under the Community Development Investment category. We are a CHDO-designated 501(c)(3) developing affordable housing in LMI census tracts within King County, Washington. Grants, equity investments, and construction financing through Jabooda Cares generate CRA credit for regulated financial institutions under 12 CFR 25.23(a). Our affiliated general contractor, Jabooda Construction, holds OMWBE state WMBE certification, enabling the Jabooda team to deliver on both the community mission and the construction capacity needed to reach lower AMI levels.

How to Partner

Two ways to work with us

Choose the track that fits your institution. Both generate CRA community development credit under 12 CFR 25.23(a).

Track 01
Community & Capacity Grants
$25K – $150K  ·  Org-level  ·  No project attachment

Grants to Jabooda Cares as an organization. Funds predevelopment costs, staffing, technical assistance, and community engagement. No project underwriting required.

Who approves Bank foundation / Community Dev dept
CRA credit type CD Investment or CD Services
Typical timeline 60 – 120 days
Right for Bank foundations, community foundations, CDFIs
Request our capacity grant overview
Track 02
Project Investment & Equity
$250K – $2M+  ·  Deal-level  ·  Henderson St or JP58

LIHTC equity investment, FHLB AHP sponsorship, or predevelopment investment tied to a specific project. Deal-level underwriting required. Longer timeline but significantly higher CRA credit value. LIHTC nonprofit basis boost applies — your deal prices better with us than with a for-profit developer.

Who approves Credit committee + CRA officer
CRA credit type CD Investment (LIHTC equity / AHP)
Typical timeline 6 – 12 months
Right for LIHTC syndicators, equity investors, AHP member banks
Schedule a project investment call
Active Development Pipeline

Projects open for partnership

Both projects are in active predevelopment. CRA capacity grants and equity letters of interest are welcome at this stage.

● Active — Seattle Office of Housing RFP Finalist
Henderson Street
South Park, Seattle, WA — District 1
70–120 Units

Permanent affordable rental housing in South Park, one of Seattle's most economically distressed LMI neighborhoods. Serving deeply affordable income levels. Seattle Office of Housing RFP finalist. WSHFC pre-application in process.

ELI Income Target
LMI Census Tract
9% LIHTC Path
SOH RFP Finalist WSHFC Pre-App Syndicator Outreach Active South Park
● Submitted — NHTF NOFA MHU-2026-01
Judkins Park 58
2007 S State St, Seattle, WA 98144
58 Units

58-unit ELI affordable housing development serving veterans and foster youth. 6-story Type VA/IA construction. NHTF application submitted to Washington State Commerce. Acquisition and predevelopment underway.

$22.9M Total Dev Cost
$2.58M NHTF Ask
$4M Acquisition
NHTF Submitted Veterans + Foster Youth Construction Financing ELI
Completed Portfolio

400+ units delivered across Seattle and Tacoma

Jabooda Cares and its affiliated entities have completed three major affordable and mixed-income developments in the region.

Melody Apartments
North Beacon Hill / Atlantic, Seattle
Units179
Square Feet179,000 sf
Total Cost$50M
RoleGC + Developer
Symphony Apartments
Columbia City, Seattle
Square Feet129,000 sf
Address4221 37th Ave S
Total Cost$18M
RoleGC + Developer
Apollo Heights
Lincoln District, Tacoma
Units130
Total Cost$36M
MarketPierce County
RoleGC + Developer
Certifications & Designations

Institutional credibility, documented

Our certifications are verifiable through the issuing agencies. Compliance documentation available upon request.

CHDO
Community Housing Development Organization

HUD-designated CHDO status enables Jabooda Cares to receive HOME Investment Partnership funds and NHTF allocations. Designates us as a mission-driven affordable housing developer with the capacity to develop, own, and manage housing.

Issuing Authority: HUD / WA Commerce
GC
Affiliated General Contractor

Jabooda Construction, our affiliated general contractor, holds OMWBE state WMBE certification. This enables the Jabooda team to deliver on both the community mission and the construction capacity needed to reach lower AMI levels. Jabooda Construction is a separate entity from Jabooda Cares.

Jabooda Construction — WA OMWBE Certified
501(c)(3)
Tax-Exempt Public Charity

IRS-recognized public charity. Contributions to Jabooda Cares are tax-deductible to the full extent permitted by law. Corporate grants and CRA investments qualify for charitable deduction treatment where applicable.

EIN: 99-4589825
AANHPI
By-and-For AANHPI Organization

Washington State Commerce By-and-For assessment completed. Jabooda Cares is led by and primarily serves Asian American, Native Hawaiian, and Pacific Islander communities in King County, addressing culturally specific displacement and housing insecurity.

Issuing Authority: WA Commerce
Partnership Process

Three steps to a partnership

We keep this straightforward. Most CRA conversations move from introduction to letter of intent in under 30 days.

Step 01
20-Minute Introduction

Schedule a call with our development team. We'll share our current project pipeline, CRA documentation package, and discuss where your institution's community development priorities align with our work.

Step 02
Due Diligence Package

We provide a complete CRA documentation package: 501(c)(3) determination letter, CHDO designation, Jabooda Construction WMBE certification, audited financials, project pro formas, census tract confirmation, and board-approved conflict of interest policy.

Step 03
Grant or Investment

Capacity grants ($25K–$150K), project-specific grants, equity investments in LIHTC deals, or construction financing. We work with your CRA officer to structure the relationship for maximum credit value and mission impact. FHLB AHP sponsorship available through member banks.

400+ Units Developed
$104M Portfolio Value
ELI Income Levels Served
LMI King County Tracts
CHDO HUD Designated
Development Team

Who you'll work with

Robert Luu, Executive Co-Director, Jabooda Cares
Robert Luu
Executive Co-Director

Leads development strategy, capital stack structuring, and funder relationships for Jabooda Cares. Deep expertise in LIHTC, NHTF, HOME, and public-private affordable housing finance in the Pacific Northwest.

Kaitlyn Huynh, Board President, Jabooda Cares
Kaitlyn Huynh
Board President

Board President and operational lead bridging Jabooda Cares' nonprofit mission with execution capacity. Oversees organizational development, compliance, and community relationships across the Jabooda portfolio.

Start a Conversation

Ready to put your CRA dollars to work?

Schedule a 20-minute call with our development team. We'll walk you through our active pipeline, CRA documentation, and discuss how your institution's community development priorities align with our work in King County.

Schedule a 20-Minute Call