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Cascade council approves $5,000-per-unit local support for workforce housing after debate
Summary
Council members debated whether to provide $5,000 or $7,500 per unit in local support for a workforce housing project and, after an initial motion for $7,500 failed, approved $5,000 per unit from local option sales tax; staff will prepare a formal resolution for a future meeting.
The Cascade City Council on March 23 debated and approved local support for a proposed workforce housing project, ultimately voting to provide $5,000 per unit, funded from the local option sales tax fund.
Staff told the council the developer said $5,000 per unit was the minimum local match he would accept to proceed and that the developer preferred $7,500 per unit. Council members expressed concern about precedent and city outlays for future developments. A motion to provide $7,500 failed. After additional discussion the council approved $5,000 per unit and directed staff to prepare a formal resolution at the next meeting.
Staff recommended collecting the local support from local option sales tax because the developer indicated materials and purchases would be made locally, generating sales-tax revenue. Council agreed the formal resolution and any implementation details would be prepared for the April meeting, when the developer will be present to provide full project specifics.
Next steps: staff will draft a resolution documenting the $5,000-per-unit commitment and the funding source for council consideration at the next meeting.
