John Hempelmann is Pleased to be a Member of Seattle’s Affordable Middle-Income Housing Advisory Council
Earlier this week Seattle Mayor Jenny Durkan announced the establishment of Seattle’s first-ever Affordable Middle-Income Housing Advisory Council. The Advisory Council will identify investment strategies and related tools to help close existing market gaps and attract significant capital investment to create more for-rent and for-sale homes that are affordable to Seattle’s middle-income wage earners.
John Hempelmann, Chairman and Founder of Cairncross & Hempelmann, joined this prestigious Council that encompasses members with vast knowledge and years of expertise in the housing development and investment industries. “We need to keep our teachers, police officers, firefighters, health care providers, and other middle income citizens and their families in our City. We need to make sure there are good housing options for them. Among other things, our plan is to attract more investment and development for middle-income housing and to provide substantial mixed-income housing options around our new Light Rail Stations. If people have access to high-capacity transit they can save money for housing, education and other needs,” said John Hempelmann.
Cairncross & Hempelmann has deep and lasting roots in Seattle and understands that the need for affordable housing is immense. John Hempelmann, who has over 40 years of experience as a land use, natural resources and real estate development attorney, and who has worked extensively to help form the legislation that today governs Washington’s land use law, cares deeply about the Mayor’s initiatives and is pleased to be a member on the Council.
Click here to view the full press release from the Mayor’s office.