(The Center Square) – Pierce County has created or preserved 1,387 new units of affordable housing in just over two years, but still needs 49,213 units to reach its ambitious 2044 goal.
On Tuesday, the Pierce County Council approved $12.2 million in funding for four housing projects that will create or preserve 646 units of affordable housing. The funding comes from the 2023 Maureen Howard Affordable Housing Act, which established a one-tenth of 1% sales tax. For every $100 spent, 10 cents goes toward affordable housing.
“In just two years, this fund has generated tens of millions of dollars, turning ideas into real homes for families, seniors, and individuals with disabilities across our communities,” Pierce County Council Chair Jani Hitchen said in a statement. “This is a model for what providing public, private, and partnered paths to safe, stable housing can look like.”…