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AECIndustry NewsResidential

New Hope Community Development Institute’s 92-Unit Housing Project Breaks Ground in Seattle’s Central District

Church-owned 71,000-square-foot, $54 million project will bring income-restricted units to the neighborhood Seattle’s Central District, long a focal point of debates around affordability...

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AECIndustry NewsNews ReleasesResidential

Bellevue Selects BRIDGE Housing & Su Development for Transit-Oriented Projects in BelRed Arts District

The City of Bellevue has selected BRIDGE Housing and Su Development to build multifamily housing complexes with affordable housing and amenities for artists...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
AECFeaturedFinanceIndustry NewsNews ReleasesResidential

Seattle Making Largest Single-Year Investment in Affordable Housing in City History With $170MM Notice of Funding Availability

NOFA will support the production, preservation, and stabilization of affordable housing across Seattle Seattle – Today, Mayor Bruce Harrell announced a historic $170 million...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFeaturedIndustry NewsNews ReleasesResidential

City of Bellevue Launches Office of Housing

Centralized team to guide affordable housing and homelessness response initiatives in the city Increased housing affordability, availability and options are key city priorities...

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FinanceIndustry NewsNews ReleasesResidential

City of Seattle Awards $3MM to Homestead Community Land Trust for 21-Unit Affordable Housing Community

The Office of Housing awards Homestead Community Land Trust for the development of 21 permanently affordable homes at the former Dumar Substation. SEATTLE...

AECFinanceIndustry NewsNews Releases

Seattle Mayor Bruce Harrell Announces $9.5MM Awarded to Community Organizations for Site Acquisitions, Major Capital Projects

Seattle – Today, Mayor Bruce Harrell announced $9,582,651 in awards through the Equitable Development Initiative (EDI), part of the City’s effort to support property ownership among Seattle’s...

Strategic Investment Fund, Seattle, Equitable Development Initiative, Mayor Durkan, Office of Housing, Community Advisory Group
AECFinanceIndustry NewsNews ReleasesResidential

$30MM Strategic Investment Fund to Support Seattle Site Acquisition for Community Projects and Anti-Displacement Efforts

SEATTLE — Building off the Equitable Development Initiative (EDI), Major Jenny A. Durkan announced today that Seattle’s Strategic Investment Fund (SIF) is seeking proposals for $30 million for land and property acquisition to respond to disproportionate displacement pressures impacting...

FinanceIndustry NewsNews ReleasesResidential

Mayor Durkan Announces Additional $55.8MM of Investments for Affordable Housing

City investments made in 2020 will support the creation or preservation of over 1,400 rental homes and homeownership opportunities  Since December 2017, over...

Industry NewsNews ReleasesResidential

City of Seattle Office of Housing Creates Plans to Deliver 500 Permanent Homes in Response to Public Health Crisis

Office of Housing Accelerates Funding and Alternative Construction Methodto Support Long-term Solution to Homelessness, Which Disproportionally Impacts People of Color Seattle  (June 10, 2020) –  Mayor Jenny A. Durkan announced that the City...

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