City of Seattle Announces $100 Million in Affordable Housing Investments

Series of Projects Will Build and Upgrade 1,450 Homes, Which Will Remain Affordable for at Least 50 Years

Seattle (December 18, 2017) –Mayor Jenny A. Durkan announced more than $100 million in investments to build and preserve 1,450 affordable homes in neighborhoods across Seattle, including the construction of 896 new homes in nine new buildings. These Office of Housing investments represent a spectrum of different housing types for low-income residents, including permanent supportive housing for those experiencing homelessness, apartments for low-income individuals and families, transit-oriented development, and homes for first-time homebuyers.

“Too many long-time residents are getting locked out and pushed out of Seattle. We need to urgently increase the amount of affordable housing to stop the huge displacement of people and provide permanent housing for people experiencing homelessness,” said Mayor Durkan. “With this investment, our City is delivering on our commitment to create more affordable housing, including building 900 new homes and keeping 550 homes affordable for the next 50 years.”

In addition to utilizing the first year of funding from the 2016 voter-passed Seattle Housing Levy, the Office of Housing’s 2017 investments also include funding from incentive zoning payments, proceeds from the sale of surplus properties, and $29 million in bonds approved by the Seattle City Council.  Using additional local and federal resources, the City’s awards for rental housing will support more than $260 million in investments.

“Today’s exciting announcement builds on a 36-year commitment to investing in affordable homes in our city,” said Steve Walker, director of the Office of Housing. “Funding different housing approaches to meet the diverse needs of low-income community members enables working people, families, and those experiencing homelessness to live in and contribute to our city. These are durable investments, offering stability and opportunity not only now, but for at least 50 years into the future.”

The 2017 funding awards will support the construction of nine new buildings (896 apartments), two affordable homeownership sites (26 homes), and the preservation of four buildings (535 apartments) throughout Seattle. A full list of buildings is included below.

“After ten years of work in cooperation with local neighbors, we are thrilled to have the support from the City of Seattle to build Filipino Community Village,” said Velma Veloria, Co-Chair of the Filipino Community Village project and a former state legislator. “The community wanted to create housing to support our elders and we look forward to the village becoming a hub for cultural events like dance and cooking classes and offering an innovative learning center for youth.”

Every year, the Office of Housing provides a notice of funding availability for the Rental Housing Program. Affordable housing developers submit proposals that respond to City priorities. This year’s awards support 12 of the proposals.  The Office of Housing’s 2017 investments also include a commitment for two affordable homeownership projects as well as an award for transit oriented development at Roosevelt Station, a partnership with Sound Transit.

Over the last 36 years, the Office of Housing has invested nearly $450 million in the creation and preservation of over 14,000 affordable rental homes. These homes are located in high-quality, sustainable buildings located throughout the City of Seattle.  They remain affordable to people with incomes ranging from zero to 60% of the area median income for a minimum of 50 years and provide stability for homeless adults, families, and youth; seniors and people with disabilities; and low-wage working families.

2017 Affordable Housing Funding Awards from the Seattle Office of Housing

2017 Rental Housing Program Awards

New Construction

Project Name

Applicant

Population to be Served Homes* Incomes Served Neighborhood
Sound Transit Roosevelt TOD RFP

Bellwether/Mercy Housing NW

 

Low-Income Families and Individuals 245 30%, 50%, 60% AMI Roosevelt
Judkins Junction

Community House

 

Low-Income Families and Individuals 74 60% AMI Central Area
22nd Ave Permanent Supportive Housing

Downtown Emergency Service Center

 

Chronically Mentally Ill & Homeless Individuals 85 30% AMI North Rainier
Filipino Community Village

HumanGood/Filipino Community of Seattle

 

Low-Income Seniors 94 30%, 50%, 60% AMI Rainier Valley
Uncle Bob’s Place

InterIm CDA

 

Low-Income Families and Individuals 104 60% AMI Chinatown/ Intl. District
Mt. Baker Family Housing

Mercy Housing NW

Homeless & Low-Income Families and Individuals 95 30%, 50%, 60% AMI Mt. Baker
Belmont Avenue Pioneer Human Services

 

Low Income Individuals – Re-entry 89 30%, 50%, 60% AMI Capitol Hill
501 Rainier Permanent Supportive Housing

Plymouth Housing Group

 

Chronically Mentally Ill & Homeless Individuals 102 30% AMI Little Saigon
Eng House

Plymouth Healing Communities

Chronically Mentally Ill & Homeless Individuals 8 30% AMI Beacon Hill
Total   896

 

 

Portfolio Preservation

Project Name

Applicant

Population to be Served Homes* Incomes Served Neighborhood
DNDA Portfolio

Delridge Neighborhoods Development Association

 

Low-Income Families and Individuals 70 30%, 50%, 60% 80% AMI Delridge
Morrison Hotel

Downtown Emergency Service Center

Chronically Mentally Ill & Homeless Individuals 190 30% AMI Downtown
The Frye

Low Income Housing Institute

Homeless and Low-Income Families and Individuals 234 30%, 50% AMI Downtown
Martin Court

Low Income Housing Institute

 

Homeless Couples and Individuals 41 30% AMI Georgetown
Total   535

 

 

2017 Homeownership RFP Awards

Project Name

Applicant

Homes Incomes Served Neighborhood
Habitat 35th @ Lake City

Habitat for Humanity

 

16 60% AMI Lake City
Yakima Ave Townhomes**

Homestead Community Land Trust/Edge Developers

 

9 80% AMI Central Area
Total 25

More information on the Rental Housing Program and the Seattle Housing Levy can be found at www.seattle.gov/housing.

The Seattle Office of Housing provides support to low-income residents in Seattle through rental housing preservation and production, home buyer assistance, free weatherization services and home repair loans. www.seattle.gov/housing

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