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Mayor Durkan Announces $110 Million to Create 1,944 Affordable Homes, the Largest Award in the City’s History

City will leverage $600 million in additional investments through public and private sources

Over the last 3 years City has directly invested $250 million for a total of nearly $1.5 billion to create 4,000 affordable homes

Seattle (December 9, 2019) – Mayor Jenny A. Durkan today announced that the City of Seattle will invest $110 million to create 1,944 new affordable homes in neighborhoods across Seattle, the largest investment and the largest number of affordable homes ever created in Seattle in one year in our City’s history. Since Mayor Durkan entered office in 2017, the City has directly invested $250 million and together with our partners nearly $1.5 billion in public and private resources to create and preserve affordable homes.