NewHolly was the first new neighborhood in Seattle in 50 years. Located on the site of the former Holly Park public housing community, NewHolly features nearly 1,400 units of housing affordable to households with a wide range of incomes. It has quiet, tree-lined streets, parks, playgrounds and a Neighborhood Campus featuring a public library and community college classrooms.
Initial funding for the project came from a $47 million HOPE VI grant awarded by the U.S. Department of Housing and Urban Development in 1995.
Together with other funding sources totaling more than $340 million, the money is being used to replace all of the original 871 worn-out public housing units built in the 1940s with mixed-income housing for renters and home owners.
The character of the neighborhood is expressed in the variety and richness of its cultures and its economic diversity. Immigrant families learning English and getting a foothold in the United States share their viewpoints and traditions with residents of the original neighborhood, first-time home buyers, and other home owners. NewHolly has renewed links with the surrounding community and is sparking other community development activities nearby.
The public-private partnerships in the NewHolly redevelopment have also established a model for the rest of the nation to follow.