Mayor Ed Murray is directing a housing advisory panel to “develop specific proposals” to build and preserve 50,000 new housing units over the next 10 years within the city limits. The increase in income-restricted affordable housing units is a near-tripling of what Seattle does now. Currently, income-restricted affordable housing is being built at a rate of 700 units each year.
Similar Stories to Mayor Wants 50k Homes Built In 10 Years; Taxes Likely To Go Up To Fund Them on Bing News
Joel Connelly, Seattle Post-Intelligencer
Thu, 03/26/2015 - 12:35pm
BING NEWS:
- Minneapolis residential property taxes could rise steeply in 2025
With downtown commercial real estate tanking, homeowners and renters will be asked to shoulder the burden, Minneapolis Mayor Jacob Frey cautions.
05/3/2024 - 4:10 am | View Link - Higher Home Values Mean Higher Taxes. Who’s Paying the Most?
Thanks to huge increases in values, with home sellers making double or triple what they paid, more sales are triggering the capital gains tax.
05/2/2024 - 11:41 am | View Link - Texas Republicans have tried to rein in property taxes for five years. Has it worked?
That increase resulted in a substantial drop in property taxes. School district property tax levies on single-family homes fell by 17% between the 2022 and 2023 tax years, according to the Texas ...
04/26/2024 - 3:57 am | View Link - Memphis mayor proposes 75-cent property tax hike. Here's what else is in his budget proposal
Memphis Mayor Paul Young's first budget proposal also includes money for Memphis-Shelby County Schools and salary increases for city employees.
04/23/2024 - 11:23 am | View Link - Providence Mayor Brett Smiley proposes budget that holds line on taxes
The city's bottom line is helped by the new payment in lieu of taxes deal Smiley negotiated with colleges in the city last year, adding more than $6 million a year for the next 20 years.
04/16/2024 - 7:14 pm | View Link - More
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