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The City of Seattle
Ordinance
Council Bill
title
An ordinance relating to housing for low-income households; adopting the 2023 Seattle Housing Levy Administrative and Financial Plan for program years 2026-2028; adopting Housing Funding Policies for program years 2026-2028 for the 2023 Seattle Housing Levy and other fund sources; authorizing actions by the Director of Housing regarding past and future housing loans and contracts; and ratifying and confirming certain prior acts.
body
Recitals:
Pursuant to Ordinance 126837, in 2023 Seattle voters approved the levy of property taxes for the purpose of financing and supporting housing for low-income households (Housing Levy).
Ordinance 126837 provides for periodic adoption by the City Council of an Administrative and Financial Plan (A&F Plan) for programs funded by the 2023 Housing Levy.
The A&F Plan is accompanied by Housing Funding Policies that also describe Office of Housing (OH) programs and apply to Levy funds and other funds administered by OH as specified for each program.
OH developed the A&F Plan and Housing Funding Policies with input from the Housing Levy Oversight Committee, subject matter experts at OH, staff in other City departments, housing developer and operator partners, and members of the community. Therefore,
Be it ordained by The City of Seattle as follows:
Section 1. The City Council adopts the 2023 Seattle Housing Levy Administrative and Financial Plan for program years 2026-2028, attached to this ordinance as Attachment A (A&F Plan). The A&F Plan incorporates the Housing Funding Policies for program years 2026-2028, attached to this ordinance as Attachment B (Housing Funding Policies), except those policies that specifically apply only to fund sources other than the 2023 Housing Levy and except as otherwise stated in the A&F Plan or Housing Funding Policies.
Section 2. The City ...
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