The has announced a $30 million commitment to address the region's homelessness crisis.
In partnership with the City of Seattle, which is providing an additional $5 million for the initiative, the foundation and its partners will work to develop an innovative, permanent supportive housing community that serves as a resource hub for Seattle-area families experiencing homelessness. Mercy Housing Northwest, one of the nation's largest nonprofit developers of affordable housing, with forty-eight properties in Washington State, will develop, own, and operate the multi-family complex, while other nonprofit providers will partner with Mercy to provide services for children and families in the complex.
According to the foundation, there are currently 1,684 families in King County waiting for housing, while more than 3,498 homeless students enrolled in the Seattle public school district experienced homelessness during the 2015-16 school year.
"We should all be alarmed by the growing crisis of homelessness in our community, especially its impact on families," said Bill Hilf, CEO of Vulcan Inc, Allen's holding company. "Addressing this crisis requires the commitment and creativity of business, government, and the human services community. We approached the City of Seattle some months ago to get this project going because we wanted to make a significant impact toward disrupting the cycle of homelessness, and to give homeless families an opportunity to thrive."