No Progress on Reducing Non-Profit Costs
The Daily Journal of Commerce reported last week routine news: more money for non-profit subsidized housing. SEATTLE — The Washington State Housing Finance Commission has approved nearly $269 million in financing for the new construction or preservation of 773 affordable apartments in Western Washington. The five projects are in Seattle, White Center, Bellevue, Mill Creek […]
Councilmember Mike O’Brien Isn’t Done Damaging Housing in Seattle
So if you thought that since Councilmember Mike O’Brien is not seeking reelection that he was done damaging he city’s housing economy think again. Not content with banning small houses on small lots, now O’Brien is killing single-family housing production of larger houses on single-family lots. From a story in the Seattle Times: For new […]
It Isn’t Too Early to Say it: “I told you so!”
Laocoon, follow’d by a num’rous crowd, Ran from the fort, and cried, from far, aloud: ‘O wretched countrymen! what fury reigns? What more than madness has possess’d your brains? Vergil, Aeneid, 2.40, John Dryden Translation The media in Seattle has been lagging in its curiosity about the City’s Mandatory Housing Affordability (MHA) scheme. It was impossible […]
