Seattle City Council OKs ‘grand bargain’ measure on affordable housing
The Seattle City Council has passed framework legislation for the residential part of Mayor Ed Murray’s so-called “grand bargain” on affordable housing.
Overshadowed at the council’s meeting Monday by drama related to the city’s plan for a new police precinct, the legislation sets the stage to make developers include affordable units in new apartment complexes or pay to help build them elsewhere.
The council in November passed framework legislation setting up similar mandatory requirements for commercial developers.
For residential and commercial construction alike, the requirements won’t take effect until the council makes zoning changes to allow taller buildings.
Read more: http://www.seattletimes.com/seattle-news/politics/seattle-city-council-oks-grand-bargain-measure-on-affordable-housing/