In the final budget proposal of her administration, Seattle Mayor Jenny Durkan lays out spending for $190 million on affordable housing, a number which would represent a single year record.
Final Seattle 2021 budget includes SPD cuts, reworked injection sites
The historically large investment in affordable housing includes a combination of resources, including the Mandatory Housing Affordability program, JumpStart payroll tax revenue, and federal dollars from the 2021 Coronavirus Local Fiscal Recovery (CLFR) fund. The investments will include $6 million to promote home ownership – as was recommended by Durkan’s the Equitable Communities Initiative Task Force – as well nearly $16-million from a continued investment in the Strategic Investment
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