Housing Trust Fund: Vacancy Rates Down in Many Rural Areas
We’ve looked at where Housing Trust Fund resources have gone between 2008 and 2016 by population, wages, and poverty. If need for housing subsidies is defined by income and poverty levels, clearly there’s a lot of need outside Seattle and King County, maybe more need. So what about vacancy rates in rural Washington. Vacancy rates […]
Why Are We Building Non-Profit Housing Units in Seattle?
We should be paying people’s rent. Based on my analysis of Housing Trust Fund data for 8 years, here’s some shocking numbers. Seattle received $61,398,506 in HTF between 2008 and 2016 That’s $7,674,813.25 HTF per year, or $639,567.77 per month Over that time 2316 units were built or 290 units per year If HTF offered $2000 […]
King County and Seattle Took Biggest Share of Housing Trust Funds from 2008-2016
I fell down a rabbit hole of data this past weekend, digging around 8 years of Housing Trust Fund (HTF) data. While the HTF doesn’t fund all non-profit affordable housing in Washington or Seattle, it forms an important part of the funding mix. The data I was working with was an Excel worksheet with all […]