information from the City of SeaTac

Amazon announced it would invest more than $42.5 million to build 318 affordable homes adjacent to public transit sites, including near Angle Lake Station here in SeaTac. 

In partnership with Sound Transit and Mercy Housing Northwest, Amazon is helping to create a minimum of 85 new construction affordable apartments located next to the light rail station  in SeaTac. 

The property will be constructed with high-quality sustainable construction materials and methods to ensure sustainability and energy efficiency—providing savings to residents while minimizing environmental impact. Amazon is funding a $16.7 million low-rate loan commitment and predevelopment grant to Mercy Housing Northwest. 

The deals stem from Amazon’s $300 million transit commitment from 2021 to create 3,000 new affordable homes in collaboration with the transit agencies in Amazon’s three hometown communities.

Last year, Amazon committed $100 million in low-rate funding to developers to help create and expedite the development of up to 1,200 new affordable housing units on Sound Transit property, connecting communities to jobs, services, and resources that allow them to remain in their cities and preserve the region’s diversity and culture. 

“The Amazon Housing Equity Fund is tackling the affordable housing crisis on multiple fronts and through innovative solutions, such as teaming up with public transit authorities, which brings people closer to more opportunities, services, and a better quality of life,” said Catherine Buell, director of the Amazon Housing Equity Fund. “We know that our investment in these areas brings many economic opportunities for residents in the region, but we also acknowledge that this growth needs to benefit everyone in the community.”