This year, Seattle will invest the most it ever has in affordable housing, a total of $110 million, Mayor Jenny Durkan said Monday.
All of that funding will go toward the construction and redevelopment of new units, the most ever generated through Seattle investments in a single year – 1,944 in full – across the city.
Durkan, speaking from the Rainier Beach meeting hall of the Ethiopian Community in Seattle (ECS) on Monday afternoon, stressed the urgent need for affordable housing in a time of great economic growth and displacement.
“Look, we know that our city has grown so rapidly, and so many people have been pushed out of the community instantly, that I think it really threatens who we are as a city,” Durkan said.
