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Yo_Mama_Been_Loggin

(107,063 posts)
Mon Sep 20, 2021, 01:49 PM Sep 2021

Mayor Durkan set to announce funding to acquire housing for the homeless

Last edited Mon Sep 20, 2021, 08:23 PM - Edit history (2)

SEATTLE -- Mayor Jenny Durkan is set to announce $50 million in funding that will be used to secure housing for homeless people as the city struggles to find adequate shelter for people currently living in encampments.

Durkan was set to make the announcement at 10 a.m. along with Seattle City Councilman Andrew Lewis and other community activists. KOMONews.com will stream the announcement so refresh this page to see the event live or click here.

According to a written statement by the mayor's office, Durkan is expected to announce that the funding will be used to acquire buildings that can be transformed into shelter and to provide affordable housing.

https://www.msn.com/en-us/news/us/mayor-durkan-set-to-announce-funding-to-acquire-housing-for-the-homeless/ar-AAODJuh

Acquiring newly constructed buildings, Seattle plans to open 165 affordable housing units this fall

Seattle officials announced $50 million in new local and state investments on Monday to "rapidly create new income- and rent-restricted housing" for those experiencing homelessness in the city.

Using $25 million in city investments matched with funding from the state Department of Commerce's Rapid Capital Housing Acquisition program, the city said that it will acquire 165 units of affordable housing across three newly constructed buildings, all located in the Capitol Hill neighborhood.

Two of the buildings will serve adults, while the third will serve young adults between the ages of 18 and 24. By rapidly acquiring and converting the market-rate apartment buildings into affordable, permanent housing, all three properties are expected to be ready for occupancy by the fall.

"Our homelessness crisis has always been a housing crisis. The city of Seattle continues to make bold investments to address our homelessness crisis as quickly as possible," said Mayor Jenny Durkan in a news release Monday. "With this latest investment, we are building on a completely new approach that has the potential to become a national model for rapidly creating affordable housing."

https://www.msn.com/en-us/news/us/acquiring-newly-constructed-buildings-seattle-plans-to-open-165-affordable-housing-units-this-fall/ar-AAOEglq

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