EXPLORESmart Cities Dive · 4h ago
Seattle social housing hits milestone with land acquisition
Executive Brief
The 30-second read
Seattle's Social Housing Developer Board has secured land for its inaugural mixed-income residential project in the Central District. This milestone supports the agency's aggressive growth strategy to acquire 1,000 homes by the end of 2027.
- 01First development phase will construct approximately 20 mixed-income homes in Seattle's Central District
- 02Agency targets ownership of 1,000 homes by the conclusion of next year
- 03Land acquisition marks the first construction milestone for the city's social housing initiative
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London Business News: Executive Guide →AI-generated summary · Verify at source
The Seattle Social Housing Developer Board will build around 20 mixed-income homes in the city’s Central District. It expects to own 1,000 homes by the end of next year.