SEATTLE – Today, the Seattle Office of Housing announced the availability of $49.5 million in funding for affordable multifamily rental housing.
Although more low-income workers can afford rent in Washington compared to any other state, none of the affordable housing is near Seattle.
The annual Notice of Funding Availability (NOFA) for the Rental Housing Program allows housing developers to propose the construction of new affordable apartments in Seattle.
The apartments are designated for low-income residents, including homeless adults, families and youth, seniors and people with disabilities, and low-wage working families.
Interested developers would work with the Office of Housing through a competitive process to ensure the most strategic and efficient use of resources.
Applications for the 2017 NOFA are available at www.seattle.gov/housing and are due on September 12. Awards will be announced in December by the Office of Housing.
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