Bellevue Seattle

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Amazon Invests $100M in Affordable Housing for Bellevue

New affordable housing development seems to be located where the Audi dealership will be, next to Spring District station.

Amazon announced a $100 million commitment from its Housing Equity Fund to support future affordable housing development in Bellevue

  • City officials and BRIDGE Housing broke ground on a new Spring District development that will create 234 affordable housing units
  • The Spring District project was made possible through partnerships between Amazon, the City of Bellevue, and Sound Transit, which provided land near a light rail station
  • Of the 234 units, 40 will be specifically dedicated to serving people with developmental disabilities
  • All units will be affordable for those earning 60% or less of the area median income
  • Bellevue’s Affordable Housing Strategy aims to add or preserve 5,700 affordable housing units over the next decade

Summarized using Claude.ai . Sources:

submitted by /u/julenka
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