Housing

SEATTLE (AP) Seattle Mayor Jenny Durkan announced that the city this year will invest a record amount of $110 million into affordable housing. The Seattle Times reported the funding will go toward the construction and redevelopment of 1,944 new units across the city.

Construction crews in Utah are working on a $110 million project that will be among downtown Salt Lake City's most architecturally significant buildings. Totaling 2.3 acres, The Exchange will feature a mix of housing, retail, coworking and incubator space.

AIRIA Development Company announced on Feb. 26 the development of ARTAVIA, a 2,200-acre master-planned community in the Montgomery County/Conroe area. ARTAVIA is located north of the Grand Parkway, midway between I-45 and U.S. 59, and south of SH 242.

LOS ANGELES (AP) The conflict between the need for more housing in California and the danger of building in fire-prone mountains was decided in favor of homes on Dec. 11 as Los Angeles County supervisors approved a massive rural housing development. The supervisors voted 4-1 to approve a 19,000-home project amid a statewide housing shortage, high rents and a very visible homelessness crisis even as recent wildfires have drawn attention to the danger of building in rural terrain that rings California's urban areas.

The District of Columbia Housing Finance Agency (DCHFA) closed on its third affordable housing transaction during the month of April with the issuance of $9.5 million in acquisition and rehabilitation financing for HELP Walter Reed Apartments (1324 Main Drive NW) in Ward 4.

SYRACUSE, N.Y. (AP) Construction has begun on a new affordable housing development that will bring dozens of apartments and commercial space to a Syracuse neighborhood. Gov. Andrew Cuomo announced April 17 that ground had been broken on the $16 million construction project in the city's Northside section.