We’ve made the point that first, housing is expensive and time consuming to build and especially in Seattle and King County. Also, we’ve pointed out that King County and Seattle are getting the biggest share of statewide resources. We’ve pointed out already that rural counties have lower Area Median Incomes (AMI) and lower wages. But […]
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 […]
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 […]