$46M complex plans to house 94 Seattle families
SEATTLE (AP) — An eight-story complex primarily funded by Microsoft co-founder Paul Allen plans to house 94 Seattle families.
The Seattle Times reports half of the units of the $46 million complex to be built in south Seattle will be reserved for homeless families, with the remaining units reserved for low-income families.
The billionaire Seattle Seahawks and Portland Trailblazers owner put in $30 million for the project.
Mayor Jenny Durkan’s Office of Housing will kick in $5 million, and nearly $11 million is coming from a housing tax credit.
Mercy Housing will operate the complex with partner agencies, including Mary’s Place and the Refugee Women’s Alliance.
Mercy President Bill Rumpf says the organization will seek public and private funding to support the facility’s operating costs.
Information from: The Seattle Times, http://www.seattletimes.com