Seattle to invest $100M in affordable housing

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Seattle Mayor Jenny Durkan announced a $100 million plan to provide affordable housing, with the city planning to invest in nine new apartment buildings, which will have 896 apartments, and two “affordable-homeownership sites” that will have 26 homes for qualifying first-time buyers. Some of the $100 million fund will go to maintaining four existing buildings that contain 535 affordable housing units. [Seattle Times]