Changing the Housing Trust Fund to the Housing Supply Fund
Yesterday I shared the defensive response from the Department of Commerce which argued that the Housing Trust Fund (HTF) is having statewide impact and that data showing a disparity between rural and urban Washington should be ignored. Don’t worry, the Department says, all that money is going a long way. As they suggest, many rural […]
Housing Trust Fund: Department of Commerce on the Defensive
I’ve been told that “lots of people are mad” about my criticism of how the non-profit housing industrial complex operates. But almost never does anyone engage the criticism directly; one common theme I’ve heard from the proponents of the status quo is “it doesn’t work that way.” I’d put a recent email from the Department […]
Durkan-Sawant Jobs Tax: What Does 750 Units of Housing Look Like?
The City’s version of Mandatory Inclusionary Zoning (MIZ) called Mandatory Housing Affordability (MHA) gives small increases in square footage for new development in exchange for very large fees, more risk, and extra construction costs. In many if not almost all cases there is no value exchange with the City’s program; the fees and risk will […]
