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Committee endorses allocation of $154,231 from SCIP housing capital fund to two projects
Summary
The South King Housing and Homelessness Partners (SCIP) executive board recommended funding four projects countywide; Federal Way’s share of pooled funds — $154,231 — was recommended for two Burien and Auburn projects and the committee forwarded the allocation to the April 1 consent agenda.
Staff and the South King Housing and Homelessness Partners (SCIP) executive manager presented the SCIP Executive Board’s recommended allocations from the subregional housing capital fund. SCIP pools funds from participating South King County jurisdictions (including substitute HB 1406 and locally contributed funds) to finance affordable housing construction and preservation. The recommended…
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