Seattle’s MHA Program is a Cash Machine for Non-Profits and Activists
Sometime early in 2016 after the Grand Bargain — a deal between large developers like Vulcan who build in downtown and South Lake Union, the City, and non-profit developers — I scheduled a visit with Seattle’s smartest Councilmember, Lisa Herbold. Surely she’d get that the so called Bargain was letting downtown developers like Vulcan off […]
Senator Braun: “Why is housing so expensive?”
In what has become a bipartisan quest in Olympia both the Governor and the Senate are now asking the same questions we’ve been asking: why is housing so expensive to build? That question applies to both non-profit subsidized housing and market rate housing. The difference as I’ve pointed out is that when prices go up […]
Cost Per Unit: The Washington State Housing Finance Commission Responds
I just got response to my e-mailed question to Kim Herman the head of the Washington State Housing Finance Commission. It helps, but it doesn’t get at the underlying issue of figuring out how expensive projects like 12th Avenue Arts really are in the larger scheme of things. I try to be as transparent as […]