CITY OF SEATTLE
RESOLUTION __________________
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A RESOLUTION adopting a spending plan for the proceeds of the Seattle Transportation Network Company tax to provide support to affordable housing near frequent transit, transportation, and a driver conflict resolution center.
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WHEREAS, Seattle is one of the fastest-growing major cities in the country, gaining 100,000 new residents and more than 50,000 jobs in the last 20 years, and this growth is a boon to our economy and creates greater demand for our transportation system; and
WHEREAS, Seattle families' transportation-related spending is second only to their spending on housing, and a well-functioning transportation system that provides many alternatives to the expense of car ownership makes living and working in Seattle more affordable; and
WHEREAS, public transit provides affordable and critical transportation services to all consumers; and
WHEREAS, the Seattle streetcar network has seen an increase in ridership of 18 percent in 2018, totaling a combined system-wide ridership of 1,673,000 riders; and
WHEREAS, the Center City Streetcar Connector line will provide a critical link in the Seattle streetcar network, connecting residents and visitors to regional bus lines, ferries at Coleman Docks, and light rail connections; and
WHEREAS, existing sources of funding for affordable housing are insufficient to meet the needs of all individuals and families experiencing a housing cost burden; and
WHEREAS, investments in affordable housing provide access to opportunity for low-wage workers and their families, increase mobility from poverty, and foster inclusive communities accessible to all; and
WHEREAS, individuals and families making in the range of $15 to $25 per hour are especially dependent on transit for commuting to centrally located destinations such as their jobs, schools, grocery stores, libraries, and clinics; and
WHEREAS, co-locating affordable housing investments near transit infrastructure amplifie...
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