In "Microsoft Learns Money Alone Can't Fix Seattle's Housing Mess", reporter Noah Buhayar highlights KCHA's approach to acquisition and preservation of affordable housing, with some assistance from Microsoft's affordable housing pledge.

KCHA's updated voucher payment standards take effect on January 1, 2020.

KCHA's Section 8 waiting list lottery application will open at 7:00 a.m. February 12, 2020 and close at 4:00 p.m. February 25, 2020. Learn more about the waiting list lottery application.

Microsoft, King County, and KCHA are partnering in a combined $245 million investment to protect 1,029 units of affordable housing located near transit hubs or in booming real estate markets in the region.

As the first partnership to originate from Microsoft's $500 million pledge to address homelessness and develop affordable housing in the region, KCHA received a $60 million below-market interest rate loan from Microsoft to purchase five apartment complexes: Kirkland Heights, Juanita View, and Emerson in KIrkland; Kendall Ridge in Bellevue; and Riverstone Apartments in Federal Way.  Funding for these acquisitions also includes a $20 million below-market rate loan and credit enhancement from King County and $140 million in bonds issued by KCHA.