Seattle City Council to host housing forum
Next Thursday, February 13th the Seattle City Council will host a forum on “workforce housing.” Workforce housing is typically defined as housing that is “affordable” for people earning between 60 and 80 percent of Area Median Income, about $42,000 to $52,000 in household income for two people. The current normative standard for housing expenses (what you should pay for housing) is 30 percent of gross monthly income.
There is a myriad of problems with the current definition of affordability and how it’s measured.
I’ll be writing more about this topic later this week, but it’s important that supporters of increased housing choices and supply to show up for the evening portion from 6 to 8.