Family housing center funded by Paul Allen

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BoBoBREWSKI

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https://www.kgw.com/article/news/lo...ul-allen-will-house-94-families/283-596157034

A building primarily funded by Microsoft co-founder Paul Allen will house 94 families in Seattle's Mount Baker neighborhood.

The Mount Baker Family Housing and Resource Center will be built using $30 million from Allen, along with another $5 million from Seattle's Office of Housing and $10.7 million through a housing tax credit. A groundbreaking ceremony for the building at 2870 S. Hanford St. was held Tuesday.

When complete, the building will feature an 8,000-square-foot resource center on the ground floor. It will be staffed with onsite service providers.
 
PA was pretty good about Seattle real estate (I think he started earning back a lot of his losses when he sold South Lake Union to Bezos...), and good for him for looking out.

That said, quick math shows $45.7M went into this, for 94 families. That's right at 486k/family. I mean, sure, take off even 100k/year for a full-time "provider" for each family, and it's still much higher than (I'll assume?) many of us are paying for our homes. And they're in the four-plex from hell.
 
When complete, the building will feature an 8,000-square-foot resource center on the ground floor. It will be staffed with onsite service providers.

$45.7M went into this, for 94 families. That's right at 486k/family.

The 486 also pays for an 8,000-square-foot resource center, plus a staff.

Although there was already a groundbreaking, I wonder whether this might be cancelled. Naaah. Maybe for another billionaire's death, but not this one. Vulcan will still build it.
 
All "affordable housing" projects are a real estate scam where developers and realtors, and the government officials who push them through, profit personally from the theft of taxpayer dollars and the avoidance of building codes, developer fees, safety regulations and public input.
 
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A building primarily funded by Microsoft co-founder Paul Allen will house 94 families in Seattle's Mount Baker neighborhood.

The Mount Baker Family Housing and Resource Center will be built using $30 million from Allen

I don't know why Seattle named one of its neighborhoods after Bellingham's mountain. Seattle's mountain is Mt. Rainier, and Portland's is Mt. St. Helens. We have a lot of companies and government agencies in Whatcom County called Mt. Baker _____.
 

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