Millions Awarded to Affordable Housing Projects Across Spokane
Spokane's $7. 5 million funding for affordable housing projects marks a significant investment in community development. The funds derive from HEART, 1406 Affordable Housing Development, HOME, and HOME-ARP TBRA sources. Among the projects, new construction will yield 95 mixed-income units, directly aiding households earning 60% Area Median Income or less. Rehabilitation efforts will preserve 50 affordable units and create an additional 49 units for those earning 80% AMI.
A new homeownership project will introduce 12 townhomes, with six designated for low-income buyers. Mayor Brown highlighted the importance of these funds in fostering community stability and opportunity. This funding round showcases Spokane's proactive approach to addressing housing shortages and supporting vulnerable populations. The city's commitment to affordable housing aligns with broader efforts to enhance living conditions for all residents.