The Seattle Social Housing Developer (SSHD) was created by ballot initiative in February 2023, which voters approved 57% to 43%. SSHD is a public development authority tasked with acquiring and developing housing projects. At the time, the campaign behind the social housing measure said they might come back to voters with a second measure to create a new funding source.
While social housing could provide some housing for those at the lowest end of the income spectrum, it will primarily house people making between 50% to 120% of Seattle’s area median income (AMI), or $52,700 to $126,480, respectively, for an individual.
The higher rents paid by higher-income tenants
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