Seattle details $155M in 2025 affordable housing support including construction, preservation, and new ‘stabilization’ spending on existing buildings

Seattle City Hall has released its roster of 2025 affordable rental housing investments including funding for the development of three new buildings, plus $33 million to support preservation of existing affordable apartments. The 2025 roster includes support for 2,116 affordable homes across 20 buildings with $155 million in total funding.

The millions, part of the 2025 Notice of Funding Availability, represents Seattle’s strategy to expand the city’s housing supply while trying safeguard existing residents from displacement.

The 2025 investments are distributed across 20 different buildings and focused on new construction, the preservation of existing units, and a first-of-its-kind “stabilization” fund.

Of the total funding, $64 million was earmarked for the production of 439 new affordable homes. One project in this category is the “Sunbreak” (UW Tower) by Bellwether Housing, which will provide 244 units. These new developments are designed to serve those with the greatest need. At least 20% of the new units are reserved for individuals earning 0-30% of the Area Median Income (AMI), and nearly 40% are family-sized units with two or more bedrooms.

None of the new projects are in the Capitol Hill or Central District area.

The city has also dedicated $33 million to preservation, rehabilitating 822 existing units across eight properties including support for 21st Ave’s Spruce Park building for “people and families with low incomes.” This funding includes critical maintenance and the extension of long-term affordability for vulnerable populations, such as seniors and those in permanent supportive housing managed by organizations like Plymouth Housing and the Archdiocesan Housing Authority.

In a new approach to the current economic climate, the city introduced a $58 million Stabilization Fund. This initiative supports 855 homes by helping housing providers restructure debt and cover rising operating expenses. Colleen Echohawk, CEO of Community Roots Housing, said that this funding is essential for keeping buildings “safe, well-maintained, and affordable for the long term.”

Capitol Hill and CD-area buildings included in the stabilization funding include the Abbey Lincoln Court Apartments, the Cambridge Apartments on First Hill, and Community Roots Housing’s Jefferson building across from Seattle University,

City Councilmember Dionne Foster, Chair of the Housing, Arts, and Civil Rights Committee, noted that these awards arrive at a “critical moment,” particularly as local programs face potential funding threats from the federal level.

“Housing is the cornerstone of vibrant, sustainable communities,” Mayor Katie Wilson said in this year’s announcement. “Expanding Seattle’s housing supply—and ensuring more people can afford to live here—is a top priority for my administration.”

New Production and Acquisition

439 new affordable rental homes will be supported through a $64 million investment. These investments help grow the City’s housing supply and align with NOFA priorities by ensuring that at least 20% of new units are designated for people earning 0-30% of the Area Median Income (AMI) or are family-sized units with two or more bedrooms.

Project Name	Owner/Developer	Units	Population
Beacon Crossing	Shelter Resources /Urban League	125	People and families with low incomes.
Little Saigon Landmark	SCIDpda	70	People and families with low incomes.
Sunbreak aka UW Tower	Bellwether Housing	244	People and families with low incomes.

Preservation

822 existing affordable rental homes across eight properties will be rehabilitated, supported through a $33 million investment. These investments address deferred maintenance, extend long-term affordability, and ensure healthy and stable housing for current tenants.

Project Name	Owner/Developer	Units	Population
A.L. Humphrey House	Plymouth Housing	84	Permanent Supportive Housing
Bergan Place Apartments	Compass Housing Alliance	38	People and families with low incomes.
Devonshire Apartments	Community Roots Housing	62	People with low incomes.
Josephinum	Archdiocesan Housing Authority	221	People and families with low incomes.
Langdon & Anne Simons Senior Apartments	Plymouth Housing	95	Permanent Supportive Housing, Seniors
Morrison	DESC	190	Permanent Supportive Housing
Plymouth on Stewart	Plymouth Housing	87	Permanent Supportive Housing
Spruce Park	Archdiocesan Housing Authority	45	People and families with low incomes.

Stabilization

For the first time, we have allocated a Stabilization fund which will help stabilize 855 affordable rental homes supported through a $58 million investment. This investment addresses urgent financial challenges and provides resources to housing providers to restructure debt and cover key operating expenses, which helps prevent the potential loss of these homes.

These awards strengthen Seattle’s long-term housing portfolio by protecting affordability over time to make sure people with the lowest incomes have stable housing.

Project Name	Owner/Developer	Units	Population
Abbey Lincoln	LIHI	68	People and families with low incomes.
An Lac	LIHI	69	People and families with low incomes.
Cambridge	Bellwether Housing	157	People and families with low incomes.
Filipino Community Village	HumanGood	95	Seniors with low incomes.
Holiday	Community Roots Housing	30	People and families with low incomes.
Jefferson	Community Roots Housing	40	People and families with low incomes.
Spokane Apartments	SEED	81	Seniors with low incomes.
John Fox Place	LIHI	104	People and families with low incomes.
Willow Crossing	GMD	211	People and families with low incomes.

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