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2009 Seattle Housing Levy
November 2009 Ballot Summary
- Resolution #31140
- Council Bill #116538
- $145 Million Housing Levy – 7 Years
- Median cost to Seattle homeowners = $65/year or $5.50/month
- Community Impact:
- Produce or preserve 1,850 affordable homes
- Assist 3,420 households
Rental Production and Preservation:
$104,000,000 - 1,670 homes
- Affordable rental housing for people with disabilities, the elderly, homeless, low-wage working people and families with children
- At least 60% of program funding for housing serving people working at minimum wage, seniors on fixed incomes, and people coming out of homelessness (up to $17,700 for a one-person household, or 30% of median income)
- Additionally, 30% of program funding can be used for housing serving households with incomes up to $40,440 for a two-person household (60% of median income)
- No more than 10% of program funding for housing serving households with incomes up to $51,200 for a two-person household
(61% to 80% of median income)
Operating and Maintenance (O&M):
$14,400,000 - 220 households
- Building operating support provided to owners of Levy-funded housing for 20 years, supplementing rent for residents who are very low-income, including seniors, people who are disabled and people coming out of homelessness (up to $17,700 for a one-person household, or 30% of median income)
Rental Assistance:
$4,248,000 - 3,025 households
- Temporary assistance to families and individuals to help preserve their housing, preventing eviction and homelessness (up to $33,700 for a two-person household, or 50% of median income)
Homebuyer Assistance:
$9,090,000 - 180 home purchases
- Loans to first-time homebuyers with incomes up to $51,200 for a two-person household (80% of median income), including programs that promote long term affordability of ownership housing
Acquisition and Opportunity (A&O) Loans:
$6,500,000* - 175 households
- Short-term acquisition loans for strategic purchases of buildings or land for rental or homeownership housing development that will serve low-income households
* Loans will be made with other Levy program funds that are not yet expended
Housing Levy Renewal Committee of the Whole
Background Information
Rental Market and Needs Information
Homeownership Market and Needs Information
Housing Programs and Resources
2002 Housing Levy Progress Report
Mayor's Housing Levy Proposal
Presentation Materials
To receive committee information email Myisha Chambers
or call us at (206) 684-8800.
Telephone and After Hours Message Line: (206) 684-8888
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