Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market

The seven-year strategy more than doubles the city's previous goal as record corporate leasing collides with rising rents and a regional construction slowdown. The City of Bellevue has set its most ambitious affordable housing target to date, betting that aggressive policy intervention can keep pace with one of the fastest-growing tech corridors in the country. […]