Homeownership
The City of Seattle's Homeownership program funds research-driven, permanently affordable homeownership projects for low- and moderate-income households in Seattle.
Funder: City of Seattle
Due Dates (Anticipated): October 2026 (Full application / NOFA or RFP response; projected)
Funding Amounts: Up to $100,000 per unit (1–2 bedrooms); up to $130,000 per unit (3+ bedrooms); subject to policy updates.
Summary: Funding for the development of resale-restricted, permanently affordable homeownership opportunities for low- and moderate-income households in Seattle.
Key Information: Funding is limited to projects with long-term affordability and stewardship commitments; applicants must demonstrate prior affordable housing development experience or partner with an experienced entity.
Description
The City of Seattle Office of Housing provides funding through its Homeownership program to expand and sustain affordable homeownership for low- and moderate-income households. This program supports the development of permanently affordable, resale-restricted homes, as well as down payment and foreclosure prevention loans, in partnership with local non-profit organizations and affordable homeownership developers. The initiative aims to prevent displacement, ensure long-term affordability, and help residents achieve and retain homeownership in Seattle.
