Developers celebrate opening of affordable high-rise building in Seattle

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The first affordable high-rise in Seattle in more than 50 years opened on Tuesday.
The 17-story building in Seattle's First Hill neighborhood will be operated by two nonprofits: Bellwether Housing and Plymouth Housing.
Read more: www.king5.com/article/news/lo...

Опубликовано:

22 май 2023

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Комментарии : 15

@derrickforeal Год назад

About time. Now please dont let this turn into a fent infested building

@Stepanchuks Год назад

how do I apply?

@dorthymcbride3384 Год назад

Thank you god😭🇺🇸💕🤙🙏❤️

@gertrudelaronge6864 Год назад

Good news! Thanks

@SecretCollage Год назад

🙌!!!

@sidneyvandykeii3169 Год назад

This sounds great. I wish more developers mixed affordable housing into their portfolios. Im not saying build/develop at a loss. Just make 10% of your projects affordable to lower income people. Have the local Govt give some Tax breaks on that specific project. Its good for all parties involved.

@Jamie-813 Год назад

There are already programs like this, giving tax breaks and insensitives to developers to set aside units for income restrictions. They can easily go 30% of their building and be fine, but it's a lot of paperwork and time.

@yolandatatterson2132 Год назад

🌻

@henryc1000 Год назад

I can only imagine what this place is gonna look like in a year from now. Hahaha

@Jamie-813 Год назад

Like any other apartment building. 🤔 Low income folks are just like everyone else. Plus, 60% median income in Seattle is $54k, more than a single person's income working full time minimum wage.

@henryc1000 Год назад

@@Jamie-813 : we’ll revisit this in a year from now.

@Jamie-813 Год назад

@@henryc1000 there's no need to. You can look at the history of all the other mixed-income apartment buildings, in Seattle and other cities. Households with seniors, veterans, and those making 60% the median income don't somehow immediately make them worse tenants.

@kevinmsft Год назад

The news title is actually pretty accurate: DEVELOPERS celebrate shafting taxpayers 117 million dollars to build 200+ housing units, at the same price as luxury condos.