Cut Rules in Half and Create 1,960 Affordable Housing Units
I recently posted a comparison of how much housing we’re getting from existing City programs—the Multifamily Tax Exemption (MFTE) and the Levy—and what we’re paying for that housing. I also compared those to Councilmember O’Brien’s questionable tax on new housing. What I found, is that we’re producing a lot of housing every year through these […]
Slides From First Meeting of Mayor’s Housing Committee
Here is a data rich slide show from the first meeting of what’s being called the Housing and Livability Agenda or HALA. I picked this up from Seattle Bubble (and also got the link from others) which had a great comment about supply I agree with even though I have not reviewed the entire deck: I […]
MFTE, Levy, More Efficient Than Linkage Tax
What follows is a comparison of two existing housing subsidy programs that are lowering people’s rents and housing costs in Seattle today, at this very moment, the Multifamily Tax Exemption (MFTE) and the Seattle Housing Levy (Levy) with Councilmember Mike O’Brien’s “linkage” tax. Right up front I am going to say that supporters of the […]
