Harrell said the funds will support the construction of 655 new affordable homes in Seattle.
SEATTLE — Mayor Bruce Harrell announced over $100 million in funding on Thursday earmarked to create hundreds of affordable rental homes throughout Seattle.
The $108 million investment in affordable housing is the first full allocation of funds after Seattle’s approved 2023 housing levy, according to a release. Homeowners will be paying $970 million over seven years as part of the city’s housing levy.
Harrell said Thursday the approved funds will support the construction of 655 new affordable homes in Seattle.
“Today’s investment in affordable housing reflects our shared
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