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The City of Seattle
Ordinance
Council Bill
title
An ordinance relating to the Seattle Office of Housing (OH); placing acquired real property in the Montlake neighborhood under the jurisdiction of OH; authorizing OH to issue a competitive request for proposals for selection of a preferred developer and to execute and deliver a contract for transfer of land, deed, and related documents to the selected developer; and ratifying and confirming certain prior acts.
body
Recitals:
Access to surplus publicly owned land for development of affordable housing for income-eligible households at key locations furthers The City of Seattle's fair housing goals and offers cost savings that increase project viability.
As of March 31, 2026 the median home sale price in Seattle was $804,000 according to Zillow, which is out of reach for low and moderate-income households.
This site offers an opportunity to create affordable homeownership opportunities for low and moderate-income households in a high opportunity neighborhood.
Surplus real property in Seattle's Montlake neighborhood (Montlake Homes Site) is
currently owned by Washington State Department of Transportation (WSDOT) to support the construction efforts for SR 520.
Now that such construction is complete, the land is vacant, and WSDOT seeks to sell and transfer the surplus property in accordance with Washington State Legislature budget provisos in Engrossed Substitute House Bill 2134, subsection 304(21)(b) (Chapter 310, Laws of 2024), and Substitute Senate Bill 6003, Section 1033 (Chapter 259, Laws of 2026).
The Washington State Legislature has appropriated $6,050,000 to fund the Office of Housing's acquisition of the Montlake Homes Site from WSDOT for development of permanently affordable homeownership.
Therefore,
Be it ordained by The City of Seattle as follows:
Section 1. The Director of the Seattle Office of...
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