Seattle MHA Fee Cut Proposal
Sector: Residential • Location: Seattle, Washington, United States
Source: The Black Chronicle
A housing proposal in Seattle aimed to give developers an 80 percent break on Mandatory Housing Affordability (MHA) fees for two years to expedite multifamily housing projects. The goal was to speed up housing production amid a housing crisis by incentivizing developers to build in the city through significant fee savings. The proposal was expected to unlock construction of at least 30 new housing
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | cancelled |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A housing proposal in Seattle aimed to give developers an 80 percent break on Mandatory Housing Affordability (MHA) fees for two years to expedite multifamily housing projects. The goal was to speed up housing production amid a housing crisis by incentivizing developers to build in the city through significant fee savings. The proposal was expected to unlock construction of at least 30 new housing projects by allowing private capital markets to invest locally in building housing. However, the proposal was withdrawn and not moving forward due to concerns from communities feeling left out of the planning process and potential harm to neighborhoods. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |