A new levy and a new housing bond enabled new levels of spending on affordable housing in Seattle.
New Seattle Mayor Jenny Durkan recently announced $100 million in affordable housing investment around the city of Seattle. "The $100 million more than doubled last year’s Seattle Office of Housing budget, which tallied $47 million," reports Doug Trumm. "Seattle passing a doubled housing levy and the Seattle City Council approving $29 million in bonding for affordable housing explains much of the jump in funding."
The $100 million "will fund 896 new homes in nine new buildings around Seattle, preserve 535 existing units, and support low-income first-time homebuyers through two developments totaling 26 homes via Habitat for Humanity and the Homestead Community Land Trust," adds Trumm. The article includes analysis of the geographic breakdown of the investments as well as specifics on a few projects.
FULL STORY: Seattle Office of Housing Announces $100 Million Investment
Housing Measure Wins in Seattle Special Election
Voters approved a new tax that could bring in $50 million per year for social housing.
Ride-Hailing Tax to Fund Affordable Housing on the Table in Seattle
Seattle would join cities like New York, Chicago, and Washington, D.C. in taxing rides with companies like Uber and Lyft. Seattle would use some of that revenue to fund affordable housing projects.
The Cost of Solving Homelessness in Seattle: $400 Million
It’s "dramatically higher" than any number under discussion, and not even close to what the city will raise with its new tax on large businesses.
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The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
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A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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