Rental Housing Program
Forecasted
Rental Housing Program supports project sponsors developing and preserving affordable rental homes for low-income households and people experiencing homelessness in Seattle, helping prevent displacement.
Funder: City of Seattle
Due Dates (Anticipated): January 2027 (Annual NOFA application deadline)
Funding Amounts: Over $75 million awarded program-wide in 2018 to build and preserve 1,400 affordable homes
Summary: Funds the development and preservation of affordable rental housing in Seattle for low-income households and people experiencing homelessness.
Key Information: Project sponsors must meet with Office of Housing lending staff to determine eligibility before applying.
Description
The City of Seattle’s Office of Housing (OH) administers the Rental Housing Program to support the development and preservation of affordable rental homes throughout Seattle. It combines Seattle Housing Levy Rental Preservation and Production funds, federal funds, and other funding sources to serve low-income working individuals and families, as well as people experiencing homelessness.
The program supports OH’s commitment to equitable housing investment, preventing displacement, and increasing opportunities for people to live in Seattle. OH publishes a Notice of Funding Availability (NOFA) at least annually, identifying priorities and requirements for each available funding source. Rental housing announcements are often included in a broader combined announcement for homeless housing and services across King County.
