The Housing Levy was initially created in 1986 as a way to fund affordable housing in the city.
On Monday, April 17, Harrell issued an Executive Order addressing the fentanyl and synthetic drug crisis and released details on his Downtown Activation Plan to revitalize downtown Seattle.SEATTLE — Seattle Mayor Bruce Harrell is set to sign a renewal of the Housing Levy that is used to fund affordable housing in the city, and once it is signed, Seattle voters will get a chance to approve or reject the fund.
The Housing Levy was initially created in 1986 as a way to fund affordable housing in the city, creating and preserving over 11,000 affordable rental homes and over 1,000 homeownership opportunities over its existence. “The Housing Levy is a proven solution for delivering thousands of affordable housing options,” said Mayor Harrell. “Rooted in our values that everyone should have a safe place to call home, this plan invests to meet the scale of the housing crisis, doing more than ever to prevent homelessness.”
At least 60% of rental housing funds will help families or low-income individuals earn up to 30% of median income, according to the plan, with the remaining money going towards the production of “permanently affordable” housing projects around the city.
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