The 2016 levy produced nearly 2,750 (600 more than originally estimated) affordable apartments while it also reinvested in 350 affordable apartments.
Apr 20, 2023, 1:08 PM |An apartment building in Seattle was called “Northgate” from 1918 when it was built until the mid 1940s; it was later renamed “Queen Anne Arms.” In 2016, Seattle passed a $290 million housing levy to fund affordable rental housing for low-income Seattle residents — primarily people with disabilities, seniors, families with children, formerly homeless individuals and families, and people working in low-wage jobs.
The 2016 levy produced nearly 2,750 affordable apartments while it also reinvested in 350 affordable apartments, assisting approximately 4,500 individuals and families over the last seven years. “The $970 million investment over seven years specifically will finally allow those who need a home to have a safe and affordable place to live,” said Cliff Coughlin, an advocacy and policy manager for Habitat for Humanity of Seattle, during the meeting’s public comment. “Right now, we have a shortage of 30,000 affordable homes at 50% AMI [midpoint income for the Seattle area] or less.
After exceeding expectations with the creation of units in the last housing levy, the 2023 renewal plan is setting a goal to produce 2,881 homes in addition to preserving 635 homes.
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