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City of Seattle
Gregory J. Nickels, Mayor
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NEWS ADVISORY
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| SUBJECT: Mayor announces $6.7 million for affordable housing
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FOR IMMEDIATE RELEASE:
1/4/2007 12:00:00 PM |
FOR MORE INFORMATION CONTACT:
Alex Fryer (206) 684-8358
Julie Moore (206) 684-0604
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Mayor announces $6.7 million for affordable housing
Housing will help homeless, low-income working
families and first-time homebuyers
SEATTLE -Mayor Greg Nickels today announced city support for four new affordable
housing projects. The $6.7 million will help create affordable homeownership
opportunities; a supportive housing development for chronically homeless people
in North Seattle; and two mixed-income family housing developments in South
Seattle. The family housing will primarily serve those making $23,000 to $39,000
a year.
“We need housing that’s affordable for every income level,” said
Mayor Greg Nickels. “Stable housing is absolutely necessary to build
strong families and healthy communities.”
The mayor also announced $1.4 million from Seattle’s share of the King
County document recording fees for Samaki Commons.
The four projects are:
Future Development |
City Funding |
Samaki Commons - Inter*Im Community
Development Association
40 apartments, up to 4-bedrooms, to be located
at 3908 S. Kenyon St. Support services provided on-site for refugee
and immigrant families
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$1.75 million
+ $1.4 million from document recording fees |
Sea Mar Family Housing - Sea Mar
Community Health Centers
25 apartments with up to 4-bedrooms – to be built at 1000 S. Henderson
Services including child care available through Sea Mar
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$1.5 million
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Lake City Court -
Low Income Housing Institute
75 apartments to be built at 12730, 12738 and 12746 33rd Ave. NE
North Seattle Helpline food bank and medical/dental clinic on main
floor Seattle Mental Health to provide specialized support services
with units set aside for veterans. |
$3 million |
Homebuyer Assistance – HomeSight
Combined with other funding this $400,000 will be used to assist 20 first-time
homebuyers in the city of Seattle. HomeSight also intends to use
a portion of these funds to give assistance to homebuyers at HomeSight’s
new condominium project at 13th Ave. and E. Columbia St. |
$400,000
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Samaki Commons will be developed on property adjacent to NewHolly’s
Othello Place. Inter*Im Community Development Association is partnering with
the International District Housing Alliance and Asian Counseling and Referral
Services to provide culturally appropriate supportive services. The total cost
of the project is approximately $11.8 million.
The $7 million Sea Mar Family Housing will be constructed on the undeveloped
portion of the Sea Mar Community Care Center campus in the South Park neighborhood.
About half of the units are set aside for families making up to $39,000 annually
(family of four) and the other half for families making up to $23,000 annually.
Lake City Court in North Seattle will provide supportive services for chronically
homeless individuals with some units designated for veterans. The $16.8 million
project to be developed by the Low Income Housing Institute (LIHI) was awarded
$320,000 capital from the Veterans Administration and services funding for
16 units.
Today’s event was held at Sea Mar Community Care Center at 1040 South
Henderson, overlooking the future site of the Sea Mar Family Housing. The Sea
Mar Community Health Centers provide comprehensive health and human services
to diverse communities.
The City of Seattle awards multifamily funds twice yearly, supporting the
development of affordable housing. The long-term, low-interest loans are highly
competitive, with applications carefully reviewed for financial feasibility,
affordability, organizational capacity and how they meet Seattle priorities.
The affordability of the housing is regulated by the Office of Housing for
a minimum of 50 years.
Get the mayor’s inside view on initiatives to promote transportation,
public safety, economic opportunity and healthy communities by signing up for
The Nickels Newsletter at www.seattle.gov/mayor/newsletter_signup.htm.
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Office of the Mayor
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