Everett-based Housing Hope cuts positions amid financial troubles

EVERETT — Housing Hope, one of Snohomish County’s leading nonprofits serving low-income tenants, is laying off over 10 percent of its staff amid ongoing financial strain, the company informed staff this week.

The layoffs mean the loss of 26 positions, Housing Hope spokesperson Joan Penney said. A few of those positions had been vacant, but most were filled, she said.

The cut positions come from a mix between Housing Hope staff and its affiliate HopeWorks, which focuses on job training.

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The organization shares challenges faced by all nonprofits working in affordable housing, Penney said. The cost to maintain existing housing has soared, she said. The nonprofit’s insurance premiums have jumped 40% over the past year, she said.

https://www.heraldnet.com/news/everett-based-housing-hope-cuts-positions-amid-financial-troubles/