Crowdfunding to build Affordable house in Seattle

Real Estate

Seattle-based Bellwether Housing has announced the launch of its Building Opportunity Fund, the nation’s first crowdfunded impact investment that funds the development of affordable housing. From now until September of 2019, Bellwether hopes to crowdfund $4.5 million dollars of investments to support the construction of 750 units of affordable housing in Seattle and Tukwila.

And if the idea of investing in affordable housing captures the public imagination, there is always the opportunity expand the fund’s reach. “We have a pipeline of 750 more homes,” said Susan Boyd, CEO of Bellwether Housing, to an enthusiastic crowd of tech professionals and affordable housing advocates at the fund’s launch party in the Amazon Spheres. Event speakers also included Seattle Mayor Jenny Durkan, Cameron Keegan of Tech 4 Housing, and Alex Hudson of the Transportation Choices Coalition.

Click here for more information: https://www.theurbanist.org/2019/06/20/for-the-first-time-ever-crowdfunding-will-help-build-affordable-housing-in-seattle/