Council Considers New Affordable Housing Proposal
A new City Council resolution, which acknowledges that the city expects to add around 70,000 new housing units over the next two decades—of which more than 40 percent need to be affordable to individuals or families making less than 80 percent of the Area Median Income—calls on mayor Ed Murray to "work collaboratively on the development of a Comprehensive Housing Strategy that will seek to support the overall development of housing in Seattle and ensure the availability of more affordable housing for the residents of the City over the next five to ten years."
Specifically, the resolution calls on the council and mayor to appoint a "Comprehensive Housing Strategy" that establishes:
-
current and estimated development of housing units, as articulated in the City’s Comprehensive Plan;
-
current and estimated needs for affordable housing;
-
current and estimated funding for housing programs and expected production
from such funding;
-
existing programs or policies and expected availability of housing from such
programs; and
-
recommendations concerning new programs or policies for housing production
• and preservation and/or revisions to existing programs.
