City awards nearly $23 million to create and preserve affordable rental housing for seniors, working families and homeless individuals

SEATTLE, WA – January 19, 2011 – (RealEstateRama) — The Office of Housing today announced nearly $23 million in capital funding, divvied up amongst eight nonprofit housing developers, to create and preserve affordable apartments. The investment will help create 375 new units for seniors, homeless individuals and low-income working families, plus rehabilitate another 291 apartments currently home to seniors and people with disabilities