Why housing? Why now?


Seattle is becoming increasingly unaffordable due to rising housing costs. Of the nation’s most populous cities, Seattle rents have risen fastest since 2010, with the average price of a one bedroom apartment reaching nearly $1,500. Seattle’s housing crisis threatens the diversity, creativity and equity of the city, as low-income residents are increasingly pushed out of the city limits. Housing Now Seattle believes that all who work in Seattle should be able to live in Seattle. City finance for affordable housing construction is a crucial policy solution to achieving this outcome.

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