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City of Seattle announces $108 million investment in affordable housing for 2024

These new investments will create 655 new affordable rental homes, including 204 new permanent supportive homes. Today, Mayor Bruce Harrell announced a $108 million investment in affordable housing, marking the first full allocation of funds from Seattle’s newly approved 2023 Housing Levy. This funding, awarded via the 2024 Notice of… [ Keep reading ]

Hearing from renters in the Multifamily Property Tax Exemption (MFTE) Program

The City of Seattle’s Multifamily Property Tax Exemption (MFTE) program provides a property tax exemption to owners of multifamily rental properties where rent and utilities for a share (20% or 25%) of the apartments are limited for income-qualified renters. Since the program began in 1998, it has produced over 7,000… [ Keep reading ]

City of Seattle announces investment to support affordable homeownership in West Seattle

The Office of Housing awards Homestead Community Land Trust for the development of 21 permanently affordable homes at the former Dumar Substation. The City of Seattle’s Office of Housing (OH) is proud to announce a significant investment of up to $3 million in the future of affordable homeownership in West… [ Keep reading ]

Mount Baker Redevelopment Partners Announced

Over 400 new housing units to be built near high-capacity transit, co-located with innovative early learning hub  The City of Seattle’s Office of Housing (OH) is pleased to announce the selection of El Centro de la Raza and Mercy Housing Northwest as the development team for affordable housing at City-owned… [ Keep reading ]

Operating Stabilization RFQ Awards

On March 27, 2024, the Seattle Office of Housing (OH) released $14 million in one-time Payroll Expense Tax (PET) funding to support the operating stability of OH’s housing partners and the city’s affordable housing portfolio. Affordable housing providers are currently facing significant operating challenges due to escalating costs and lost… [ Keep reading ]

2024 Notice of Funding Availability for Rental Housing

The Seattle Office of Housing is now accepting proposals for the preservation and new construction of affordable, rental housing in our vibrant city through the release of the 2024 Notice of Funding Availability (NOFA) with up to $112 million in funding. The preservation and production of affordable housing is the… [ Keep reading ]

Transform Your Home with the Office of Housing’s Oil-to-Electric Program

At the Seattle Office of Housing, we understand the challenges many homeowners face with outdated heating systems. That’s why we are proud to offer the Oil-to-Electric Program, designed to help you lower your energy usage and reduce utility costs by converting your oil furnace to an electric heating system—completely free… [ Keep reading ]

City of Seattle celebrates affordable housing investments and anti-displacement achievements

Awards for 2023 funding opportunities highlight investments in future affordable rental homes and affordable homeownership opportunities.. SEATTLE, WA – Today, Mayor Bruce Harrell celebrated the City of Seattle’s investments in affordable housing for the 2023 Notice of Funding Availability (NOFA), totaling $66.7 million for the construction of 443 affordable rental… [ Keep reading ]