The Seattle Social Housing Developer (SSHD) board has approved a $68 million purchase of Youngstown Flats, a six-story, nearly 200-home apartment complex in West Seattle. The deal marks the agency’s second major building acquisition in five months, signaling a rapid expansion of publicly owned, mixed-income housing in the region.

The purchase of the property—which opened in 2023 with average unit sizes exceeding 800 square feet—is scheduled to officially close in mid-December.

Tenant Benefits & Immediate Protections As part of the transition into social housing, the public developer announced several immediate affordability perks for residents living in Youngstown Flats:

  • Two-Year Rent Freeze: Current lease rates will remain locked for two years.

  • Free Public Transit: Every resident will receive a free, one-year ORCA transit pass.

  • Fee Elimination: The agency plans to abolish "junk fees" and phase out the Ratio Utility Billing System (RUBS)—which divides building-wide utility costs among tenants—within its first year of ownership.

The property features 10 ADA-compliant units, offers access to local transit routes (RapidRide C and H lines), and sits near the DragonFly Garden and Pavilion along Longfellow Creek.

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[–] 3 points 3 days ago

Hell yeah, I'm happy they're finally in a position to start owning property. I hope this model will spread across the country

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