Seattle Housing begins sale of 25 properties
Sales reflect the re-alignment of the
"Scattered Sites" portfolio of housing
SEATTLE—February 4, 2005—Earlier this week, real estate agents
began accepting offers on properties being offered for sale by the
Seattle Housing Authority. The Housing Authority is adjusting
the mix of housing in its scattered sites portfolio over the next
several years, in order to run the program more cost-effectively and
to provide housing better suited to resident needs.
These units will
be replaced as they are sold with units that are more cost effective
to manage and, where possible, better located to serve resident
needs. The low-density, “scattered” nature of the program will be
preserved. The scattered site housing bought to replace the housing
units sold will be located in the same neighborhoods and will be
suitable for families.
SHA is contracting with a group of real estate
agents to handle these sales. Properties are not being sold
at auction, and the Housing Authority expects to receive full price
offers that reflect market conditions in the neighborhoods where the
housing is being sold.
According to Asset Manager Lawrence Hard,
"We are excited to be working with private real estate agents to
assist us with this process. All inquires regarding the
properties should be directed to them." For details on the
properties being offered and their listing agents, please
click here.
(This is a PDF file and
may take a few moments to load.)
The
scattered sites program was established in 1978 to locate
lower-density public housing throughout the city. Today SHA operates
787 units in single family, duplex, triplex and small multifamily
buildings through this program.
SHA will make
sure that the housing needs of residents living in the housing
that is sold will continue to be met. The Housing
Authority will assist them with moving to other scattered sites or
to other SHA housing. Every effort will be made to house families in
their current neighborhoods if that is what they want. If possible,
moves will be scheduled at a time that is least disruptive to them.
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