Bellevue expands Multifamily Tax Exemption
For some time, Bellevue has been growing increasingly unaffordable for the people who live and work in the city. Median home prices in the city are some of the state’s most expensive, and apartment costs mimic this trend, with Bellevue’s median rental price landing at $3,400—adding up to a whopping $40,800 a year.
Seattle streamlines building process for affordable housing
Affordable housing in Seattle just got another win. In a city that is in dire need of as many affordable units as possible to make up for skyrocketing living costs, the wait times for larger developments can be a major pain point for developers and future residents alike.
Wash. Needs 1M New Housing Units By 2044 To Meet Demand
Washington state needs to keep up the pace of new housing development if it is to meet the needs of its growing population in the next 20 years.
Bellevue Nonprofit Builds Affordable Housing in the Area
It’s no secret that the Eastside housing market is both incredibly competitive and price prohibitive in many neighborhoods. With major tech employers…