Working for a safe, affordable, vibrant, innovative, and interconnected city.
Learn More Home Page
I want to search within the following: This Department
Follow UsTwitterFacebookFlickrpodcastCouncil Connections blogRSS feeds
Seattle City Council Home Page

Visit Individual
Councilmember Pages

Seattle City Council Sally Bagshaw Rob Johnson Kshama Sawant Lorena González Mike O'Brien Debora Juarez Bruce Harrell Lisa Herbold Tim Burgess
   Home    Contact Us Council Calendar News & Updates Committees & Agendas Current Issues Council Live Research City Laws  About Us 
Council Blogs
& Social Media Links
Meeting Agenda Archive
Meeting Video Archive

Current Issues
Past Issues
Audit Committee
OPA Review Board (OPARB)
Boards, Panels & Commissions
Seattle Transportation Benefit District
Customer Service Bureau

About Us/
Frequently Asked Questions
Contact Us
Visiting City Hall
Access to City Hall for Individuals with Disabilities

Full Council Action Summary
Work Program
2012 Action Plan
2011 Annual Report
Council Visitors'
Sign in Sheets
Legislative Records

LIVE! Council Meetings
Seattle Channel
City Inside/Out
Audio Podcast

City Logo

Council News Release

12/4/2007  4:20:00 PM
Ann Corbitt, Rasmussen Office, (206) 684-8808

Councilmember Tom Rasmussen
Councilmember Sally J. Clark
Councilmember Richard J. McIver

Housing Committee members want to stimulate more affordable housing

SEATTLE Councilmember Tom Rasmussen, Chair of the Housing, Human Services, and Health Committee, released a proposal today for building more middle-income housing. Councilmember Rasmussens proposal will stimulate the development of moderately priced housing through changes to the Citys Multi-Family Tax Exemption Program. Reducing taxes on buildings in exchange for a guarantee of lower rent or home prices is one of the few affordable housing strategies available to the City. Rasmussens proposal follows numerous community meetings on affordable-housing strategies. Councilmember Rasmussen, said, Seattleites are very concerned about the housing needs of middle-income people. The current free market provides housing for the wealthy and existing government housing programs subsidize building homes for low-income people. The current tax exemption program, if modified, can stimulate the development of moderate-income housing.

In addition, the Committee has found that there are many important differences between neighborhoods when it comes to housing production. The changes that Rasmussen is proposing for the Multi-Family Tax Exemption will be tailored to meet the needs of specific neighborhoods goals. Councilmember Rasmussen said, Some of our neighborhoods are experiencing high rents and high growth in housing construction and others are lagging behind. My proposal will reflect the diversity of housing development costs and rents in our city. Councilmember Sally J. Clark, vice-chair of the Committee, said, Seattle is a city of strong and diverse neighborhoods. This proposal is targeted to produce the best results for each neighborhood in the city. Councilmember Richard J. McIver said, Certain areas of the city are behind in economic development and housing production. Changes to the Multi-Family Tax Exemption Program must be crafted very carefully to impact the areas where middle-income housing is most needed.


City Council

Council Connection: News & Updates
Contact us

City of Seattle LogoSeattle City Hall
600 Fourth Ave. 2nd Floor
Seattle, WA 98104
Visiting City Hall

Access to City Hall for Individuals with Disabilities
Mailing Address:
PO Box 34025
Seattle, WA 98124-4025
City Customer Service: 206-684-2489
City Council Front Desk: 206-684-8888
Fax: 206-684-8587
TTY/TDD: 206-233-0025
Listen Line: 206-684-8566
Non -English Language Information