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 […]
Can Tiny Houses Help Solve Homelessness?
Another of my fellow panelists at last week’s Housing Land Advocates Conference in Portland was the Reverend Dan Bryant of First Christian Church in Eugene, Oregon. Bryant is the President of the board of directors of Opportunity Village Eugene or OVE. OVE is a village of very small houses organized as a community and built […]
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 […]