Episode Details

Seattle’s housing future just got a major boost as Mayor’s pick Kelli Larsen unveiled a bold 2025 plan fueled by $138 million annually from the Housing Levy—78% earmarked for new rental units. With an additional $142 million in JumpStart/PET funding, the city is targeting the most vulnerable: 72% of households receiving help earn below 30% of Area Median Income. This aggressive investment not only builds 550 new rentals and preserves 782 existing affordable units but also allocates $15 million toward homeownership programs. Larsen’s 20-year track record in housing policy positions Seattle as a national leader in local affordability action—while other cities scramble for meager funding, Seattle’s strategy is both comprehensive and deeply targeted.

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