June is National Homeownership Month …
… and HomeSight is working to put the joy of homeownership—and the keys to a financially stable future—within reach.
HomeSight’s wish for National Homeownership Month? We want more Washington residents own their piece of the American Dream.
HomeSight’s U-lex (pronounced OH-lew) housing co-op will soon offer 68 equity-building opportunities in South Seattle’s Othello Neighborhood. U-lex’s affordable housing units, located just one block from the Othello Light Rail station, aim to prevent displacement in this diverse south Seattle community.
U-lex means “gather” in Lushootseed, the language spoken by the Coast Salish people who originally lived on this land. Situated at Martin Luther King Jr. Way and South Holly Park Drive, U-lex units will be affordable to families earning 80 percent or less of the area median income at the time of purchase.
This past weekend, nearly 50 people attended HomeSight’s information session at the New Holly Gathering Hall to learn more. HomeSight is planning another information session for the community next month as well.
“So many people feel shut out of the housing market in Seattle,” said Uche Okezie, HomeSight’s Director of Real Estate Development. “We want residents to know they can control their own destiny. They can build equity here. They can build wealth. We just have to give people the opportunity.”