Millions Awarded to Affordable Housing Projects Across Spokane

Spokane allocated $7. 5 million to support nine affordable housing projects, enhancing the availability of rental units and aiding vulnerable populations. This funding stems from four sources, including HEART Funds and HOME-ARP TBRA Funds, with specific allocations for various initiatives. Four new construction projects will create 95 mixed-income housing units, while rehabilitation efforts will preserve existing affordable units. The projects aim to serve households earning up to 80% of the Area Median Income, with particular attention to those at 60% AMI or less.

Mayor Brown emphasized the importance of these investments for community stability and opportunity. The funding will also support a new homeownership project with 12 single-family townhomes. This initiative addresses the growing need for affordable housing in Spokane amidst rising costs. The city's commitment to diverse housing options reflects a proactive approach to local housing challenges.