In snail mail boxes all over Seattle, registered voters are getting an unusual envelope filled with something called, “Democracy Vouchers.” Each registered voter in town will get $100 worth of vouchers in $25 increments. The idea is that anyone with a voucher can give it to the candidate of their choice provided that the candidate […]
I wrote a post at Forbes in late November that sparked kind of a firestorm among people who make money from the financing and construction of non-profit subsidized housing. The post, “How Trump Might Drain the Low Income Housing Tax Credit Swamp,” did have a click batey headline I’ll admit. But it got a lot […]
You heard it here first: The Mayor and City Council’s scheme to shake down builders of market rate housing for fees and rent restricted housing (also known as Mandatory Inclusionary Zoning or MIZ) will collapse in 2017. Simply put, neighborhood opposition combined with growing disinterest from the non-profits who benefit from the cash wrung from […]