City Council Poised to Make Damaging Changes to MFTE
Once again the Seattle City Council has ignored the math and concerns from builders and is ready to substantially chance the voluntary Multifamily Tax Exemption program in a way that will reduce participation. Councilmember Sally Clark will propose legislation to the full Council later this morning that will lower the threshold for affordability to 40 […]
Disappearing Journalism: Elderly Lady Featured in KING5 Parking Story
Now it’s KING5’s turn. Here’s a breathless Linda Byron on “disappearing parking” in Seattle: And when it comes to parking, the housing boom is threatening to make free street parking a scarcer commodity in some areas, thanks to city policies that let developers off the hook when it comes to building parking spots in new […]
What the HALA?: Council Considers More Bad Housing Legislation
As we pointed out last week, it appears that the Council is not taking the work of the Mayor’ s Housing Affordability and Livability (HALA) Committee seriously. Not only is the Council pushing to pass damaging low-rise legislation but now they’re pushing to short circuit affordability created through the City’s Multifamily Tax Exemption (MFTE) Program. […]