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Lynnwood reopens debate on 'Fund 146' housing revenue; council weighs permanent housing, rental assistance and help for mobile home residents
Summary
City staff reopened a policy discussion about a sales‑tax derived housing fund commonly called "Fund 146" during the July 21 Lynnwood City Council work session, saying the fund contains about $960,000 and seeking council guidance on whether to prioritize permanent housing projects or programmatic rental assistance.
City staff reopened a policy discussion about a sales‑tax derived housing fund commonly called "Fund 146" during the July 21 Lynnwood City Council work session. Carl Almgren, community planning manager, told council the account has accumulated roughly $960,000 and that staff want council direction on whether the city should prioritize programmatic assistance (for example rental assistance) or investments in permanent affordable‑housing supply.
Almgren said the fund grew from a state enabling measure referenced in staff materials as "1406" and that the city's current balance is nearly $1 million. He presented options including establishing…
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