Three new buildings in Seattle with 165 studio apartments to be rented at market prices will instead house the homeless and homeless.
The nonprofit Low Income Housing Institute will buy the buildings on Capitol Hill for approximately $ 50 million, with city and state housing programs sharing the cost equally, the Seattle Times reported. For its part, Seattle is using federal COVID-19 aid funds, Mayor Jenny Durkan said this week.
Two of the buildings are managed by LIHI for adults. The third is managed by YouthCare for young adults. Everyone will have a case officer who lives there, said Sharon Lee, executive director of LIHI.
The deals will get people in quickly and cheaply, relative to the time and cost it takes to develop low-income projects from scratch, Durkan said. According to the city, the three buildings should be occupied by the end of the year.
“This is the fastest housing we’ve ever done online,” said Lee.
Tent camps in parks and green belts have grown in Seattle during the coronavirus pandemic, in part because of a lack of shelter and shelter in the city, Durkan said.
LIHI will bring people into the buildings from tiny house villages it manages for the city, which should open up more of those houses to people who live on the streets, Lee said.