SEATTLE — Historic demand for houses and housing is causing an increase in price, making it more expensive for people to catch a break, especially in the Seattle metro area.
Under MHA, the city requires developers of new multifamily and commercial developments to either include affordable homes or contribute to a city fund that is used for the “preservation and production of low-income housing.”The report revealed that in 2021, developers had entered into agreements with the city to include 95 MHA units for 13 projects, totaling 1,286 units in the works.
MHA contributions were also made for affordable housing for 295 projects issued permits in 2021, an increase of 71 projects from 2020. Payments increased from $67 million in 2020 to $75.5 million in 2021.
Please investigate the zoning and city & county deals which concentrate that Housing in S Sea, White Center, & “dense urban” corridors. You won’t find any in Highlands. Redline 2.0. Infrastructures? Water? Big Developments displacing folks for years now pushed the crisis