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Council approves housing-levy plan updates and several property actions to add affordable units
Summary
On unanimous votes the council adopted updates to the Seattle Housing Levy financial plan and approved property transfers and ground leases enabling hundreds of new affordable and family-sized housing units, including a 241-unit Mount Baker project.
Council passed a package of housing measures intended to sustain and expand affordable housing production.
Councilmember Foster, chairing the housing report, said CB 121218 updates the Office of Housing’s 2023 Housing Levy administrative and financial plan for program years 2026–2028, clarifying guidance on debt restructuring, stabilization loans and supplemental funding adjustments to facilitate finance closings. She said those are technical updates to support consistent implementation.
Three additional bills approved would enable specific projects: CB 121236 authorizes a ground lease at 2929 27th Ave S to MBTOD Phase One LLLP (an affiliate of Mercy Housing Northwest) and El Centro de la Raza to support a development described as approximately 241 units with 239 affordable units and family-sized two-, three- and four-bedroom apartments plus a UW early-learning facility; an amendment to the bill (Amendment A) fixed technical language. CB 121237 places acquired Montlake property under the Office of Housing to issue an RFP for a developer to deliver affordable homeownership, prioritizing family-sized units and addressing pedestrian and safety concerns. CB 121238 authorizes the acquisition of two Central Area parcels to develop affordable homeownership units and applies community-preference provisions to prioritize people with historic neighborhood ties.
All housing bills passed on unanimous roll-call votes (9-0). Supporters framed the package as advancing family-sized homeownership and preserving affordable inventory in high-opportunity neighborhoods.
