King County has quickly bought 7 hotels for homeless people, but will it be enough?
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Source: Seattle Times
As the last guests checked out of the Aurora Avenue Holiday Inn and Suites on July 6, staff called people with reservations to tell them they were having their stays refunded, according to a county spokesperson.
The hotel was closed. Like six others around the county, it’s about to be turned into housing for homeless people.
The county got the keys the next day, and announced the purchase with a press conference the day after. They’d moved so fast, the fridges were still stocked with yogurt, muffins, sausage and biscuits for continental breakfasts.
In just a few months, using bonded money from a new sales tax, King County has bought five hotels for more than $102 million and entered agreements to purchase two more plus an apartment building for likely close to $100 million more. Several have sold at many millions more than their 2020 appraised value, according to King County property records.
Read more: https://www.seattletimes.com/seattle-news/homeless/king-county-has-quickly-bought-seven-hotels-for-homeless-but-will-it-be-enough/?utm_source=marketingcloud&utm_medium=email&utm_campaign=TSA_080121013638+King+County+grabs+7+hotels+for+homeless+housing_7_31_2021&utm_term=Former%20Subscriber
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