CITY OF SEATTLE
RESOLUTION __________________
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A RESOLUTION designating the Grand Street Commons Redevelopment Opportunity Zone pursuant to RCW 70.105D.150(1) and making findings in support of such designation.
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WHEREAS, The City of Seattle's Housing Affordability and Livability Agenda report found that Seattle is experiencing "a housing affordability crisis unlike any Seattle has experienced since the Second World War" and affordable housing is one of the most significant challenges facing Seattle; and
WHEREAS, in her first State of the City address, Mayor Durkan announced her first priority is "to build a more affordable Seattle"; and
WHEREAS, Mount Baker Housing Association (MBHA) is a 501(c)(3) non-profit housing provider and developer with plans to build affordable and market rate housing consistent with the City's goals for more housing choices and transit-oriented development in the North Rainier residential urban village; and
WHEREAS, the Washington State Legislature has provided tools to encourage and fund the development of brownfield properties under the state's cleanup law, the Model Toxics Control Act, chapter 70.105D RCW; and
WHEREAS, one of the tools provided by the Legislature under RCW 70.105D.150(1) authorizes local governments to designate geographic areas within their jurisdiction as Redevelopment Opportunity Zones (ROZ) if the zone meets the criteria in RCW 70.105D.150(1); and
WHEREAS, a designated ROZ authorizes property owners within the ROZ to apply for and receive grant monies from the Washington State Department of Ecology's ("Ecology") State Toxics Fund for investigation and cleanup of brownfield properties (contaminated, underutilized properties); and
WHEREAS, MBHA is partnering with Lake Union Partners and HAL Real Estate as Grand
Street Commons LLC to facilitate and support the acquisition, redevelopment,
and cleanup of the brownfield properties within the ROZ to create a mix of affordable
and market housing; and...
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