Housing Tax: Will “Eliminate . . . Sustainable Features.”

Sloan Ritchie

Local green developer Sloan Ritchie has delivered his verdict on Councilmember Mike O’Brien: It’s a bad idea. In an article in the Puget Sound Business Journal, Ritchie, founder of Cascade Built, talks about a project he just built, the first multifamily passive house in Seattle. Ritchie’s approach to building is articulated at the Cascade Built […]

PSRC: “Expand the Housing Trust Fund” for Transit Communities

PSRC

I wrote last week about the importance of increasing funding to the State’s Housing Trust Fund (HTF). I suggested the importance of the HTF to supporting the intent of the Growth Management Act. Recently I discovered that the Puget Sound Regional Council (PSRC) for similar reasons. Our region’s tax payers have spent billions on light […]

Put More Money in the Housing Trust Fund

HTF

I’ve already written about the basic math when it comes to meeting the demand for affordable housing in the next two decades: the Multifamily Tax Exemption Program and the Housing Levy very efficiently can meet that need. Meanwhile, the linkage tax being promoted by Councilmember O’Brien is a pricey solution that will raise rents—exactly what […]