A Habitat for Humanity homebuilding site near Westwood Village is the only West Seattle project on a list of new affordable-housing investments announced today by the city. The “additional investments of $55.8 million to support 840 low-income and affordable rental and homeownership opportunities” touted by the mayor at a media briefing include $400,000 for the four-house project at 2117 SW Trenton [map]. The Habitat for Humanity project webpage describes the plan as:
-4 units, three 3 bedroom, 1.5 bath, 1130 sq. ft.; one 4 bedroom, 2 bath, 1300 sq. ft.
-Homes will be owned by families earning <80% AMI [area median income] -Homes will be resale-restricted to provide for permanent affordability -Buyers must be willing to partner and complete sweat equity hours -Buyers must meet lender requirements and secure financing to meet minimum mortgage amount -Buyers must reside or be employed in King County for 1+ years
Another webpage for the project says they expect to start taking applications from prospective buyers next spring.