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Record No: CB 118656    Version: 1 Council Bill No: CB 118656
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 5/2/2016
Ordinance No: Ord 125028
Title: AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the August 2, 2016 primary election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; and ratifying and confirming certain prior acts.
Sponsors: Tim Burgess
Attachments: 1. Exhibit 1 - 2016 Housing Levy Programs v3, 2. Exhibit 1 - 2016 Housing Levy Programs v2
Supporting documents: 1. Summary and Fiscal Note, 2. Proposed Amendment 1 - Rental Rehabilitation Program (added; 4/22/16), 3. Proposed Amendment 2 - Income Level Provision (added; 4/22/16), 4. Proposed Amendment 3 - Acquisition & Preservation Program-Anti-Displacement Housing Preservation Program (added; 4/22/16), 5. Proposed Amendment 4 - Homelessness Prevention Program (added; 4/22/16), 6. Proposed Amendment 5 - Foreclosure Prevention Assistance Program (added; 4/22/16), 7. Mayor's Letter, 8. Exec Submitted Summary, 9. Signed Ordinance 125028, 10. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the August 2, 2016 primary election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; and ratifying and confirming certain prior acts.
body
WHEREAS, the $145,000,000 housing levy authorized in Ordinance 123013 and approved by the voters in 2009 (the "2009 Levy") expires with the collection of 2016 property taxes; and
WHEREAS, the $86,000,000 housing levy authorized in Ordinance 120823 was approved by the voters in 2002; and
WHEREAS, the $59,211,000 housing levy authorized in Ordinance 117711 was approved by the voters in 1995; and
WHEREAS, the $49,975,000 housing levy authorized in Ordinance 112904 was approved by the voters in 1986; and
WHEREAS, the $48,170,000 low-income elderly and handicapped housing bond issue authorized in Ordinance 110124 was approved by the voters in 1981; and
WHEREAS, the low-income elderly and handicapped housing bond approved in 1981 and three housing levies approved in 1986, 1995, and 2002 have all exceeded goals for producing and preserving housing, and the 2009 Levy programs are meeting or exceeding goals for housing production and assistance; and
WHEREAS, in September 2014, the City Council adopted Resolution 31546, in which the Mayor and the City Council jointly convened the Seattle Housing Affordability and Livability Agenda (HALA) Advisory Committee to evaluate potential strategies to make Seattle more a...

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