City of Seattle Announces $165MM Investment into 2,116 Affordable Rental Homes

Awards will expand housing stability citywide through new construction, preservation, and stabilization.   SEATTLE – Today, the City of Seattle announced the funding awards for the 2025 Notice of Funding Availability (NOFA) for Affordable Rental Housing. These investments support 2,116 affordable homes across 20 buildings with $155 million in funding. The investment strategy aligns with the City’s goals to expand housing affordability, prevent displacement, and support vulnerable residents.  Projects […]