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145 Million Seattle Housing Levy on November Ballot

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145 Million Seattle Housing Levy on November Ballot A PUBLICATION OF THE LOW INCOME HOUSING INSTITUTE J U LY 2 0 0 9 INSIDE $145 Million Seattle Housing Seattle 3 Housing Levy Levy on November Ballot 2009 Legislative 4 Update By Sharon Lee or homelessness because of economic condi- On June 15 the Seattle City Council voted tions would also be able to access temporary Congress Passes unanimously to place a $145 million housing and short-term rental assistance. 5 HEARTH Act levy on the November ballot with the goal of Mayor Nickels proposed his levy package producing 1,670 rental units and 180 home to City Council after receiving recommenda- HUD FY ownership units for low-income families and tions from a citizen’s advisory committee 6 2010 Budget individuals. The city’s current $86 million co-chaired by former mayors Norm Rice and property-tax levy for housing, passed in 2002, Charles Royer. The advisory committee had Housing Renovation expires at the end of this year. originally recommended a larger levy at $167 7 & Green Jobs Program In May, Mayor Greg Nickels announced million, but this was cut back by the mayor. his proposal to renew Seattle’s housing levy. During testimony before City Council, Adams Square Family He proposed a seven-year, $145 million housing advocates including the Seattle/ Center in Tacoma 8 package that would go toward building and King County Coalition for the Homeless preserving affordable housing in the city for (SKCCH), Displacement Coalition, Low City Club of Seattle Income Housing Institute, Real Change and Hosts Forum renters and first-time home buyers. Low-in- 9 come residents at risk of losing their housing others also urged the council to consider a larger package. SKCCH noted that: HB 2331 10 Signed “At least 8,961 people were counted during the 2009 One Night Count of people who are homeless in 11 Housing Briefs King County.” The levy requires a simple majority of Seattle voters for passage. The cost 12 Tools for Action to an average homeowner would be about $79 per year, or $6.60 per month. The seven year levy is estimated to cost $0.17 per $1,000 assessed valuation and will cost $30 more compared with the 2002 Levy at $49 per year. The increase cost for the 2009 levy takes into consideration inflation and the significantly higher costs for land, development and construction compared with the 2002 levy. Councilman Richard McIver, chair of the City Council’s Housing and Eco- nomic Development Committee, led A great deal of affordable housing, such as the Denice Hunt the effort to place the levy on the ballot. Townhomes built by the Low Income Housing Institute in North Seattle, was built with funding from the most recent City of Seattle continued on page 2 Housing Levy. people who are disabled, and people $145 Million Seattle Housing Levy transitioning from homelessness. on November Ballot Yes! • Acquisition and Opportunity continued from front page I want to receive Housing Washington. Loan Fund – $6.5 million in levy Please add me to your mailing list. “The levy is proven as an effective tool funds can be used to buy land or for stabilizing families, individuals and buildings that would be developed I would like to subscribe: neighborhoods,” noted McIver. into affordable housing. Free to low income individuals The housing levy funds would be • Rental Assistance – $4.2 million allocated as follows: $20 individual in short-term rental assistance for $30 community-based organization • Rental Housing – $104 million for 550 low-income households (up to rental production and preservation, 50% of area median income) to help $50 public agency or private business creating or preserving 1,670 units. preserve their housing, preventing After listening to testimony from eviction and homelessness. Please make checks to Housing Washington. housing advocates, the City Council • Administration – The remaining voted to increase the number of Name: $13.2 million would go to adminis- units serving extremely low-income ter the levy programs. Agency: households. The mayor proposed that at least 55% of the capital funds Seattle voters are generous and Address: would be reserved for renters making caring. Since 1981, the citizens of Seattle have approved four ballot less than 30% of the area median City: income ($20,250 per year for a two- measures to subsidize affordable hous- person household). The remaining ing. In 1981, a $48.2 million bond State: Zip: funds would be reserved for people measures was passed to build 1,000 making between 30% and 80% units for low-income seniors. Three of the area median income. The Seattle housing levies were passed in Council voted to increase housing to 1986, 1995 and 2002. The most recent Housing Washington newsletter is those most in need by requiring that 2002 housing levy was passed with published quarterly by the Low Income 54% voter approval and generated Housing Institute. The newsletter is at least 60% of the funds would ben- available to individuals and organizations $86 million over seven years. efit households at/or below 30% of concerned with increasing the supply area median income. Furthermore, For every levy dollar spent, the city of affordable, low-income housing for the Council voted that no more estimates that about $3 is leveraged residents of Washington state. than 10% of the funds should serve from other sources, including HUD, households between 61% and 80% the State Housing Trust Fund and EXECUTIVE EDITOR Sharon Lee of area median income. private investor tax credits. The 2009 • Homebuyer Assistance levy is estimated to create 3,140 jobs EDITOR – $9.1 Joshua Okrent million to assist first-time homebuy- and generate $189 million in construc- ers in purchasing 180 homes. This tion and other economic activity. CONTRIBUTORS The 2002 levy has produced or Donald Chamberlain, Lynette S. Grubbs, funding would be used to make Alexandra Ingram, Sharon Lee, loans to first-time homebuyers with preserved 2,011 apartments; helped homebuyers purchase 211 houses or and Aaron Long www.lihi.org incomes at or below 80% of the condos; and provided rent assistance GRAPHIC DESIGN area median income ($51,200 for a Ray Braun Design two-person household). The Council to 4,144 households, according to the 2 0 0 9 Seattle Office of Housing. A survey of adopted language to ensure long-term Housing Washington welcomes news (50 years) affordability in home own- 800 people conducted in March showed items and written contributions. Please JULY ership programs through community that 73% of those surveyed believe that send information of interest to: land trusts or deed restrictions. in this economic downturn, it is more Housing Washington important than ever to keep investing in Low Income Housing Institute • Operating and Maintenance low-income housing programs. 2407 1st Avenue, Suite 200 (O & M) – $7.9 million to help Seattle, WA 98121-1311 Sharon Lee is the Executive Director of operate and maintain about 220 Phone: (206) 443-9935, ext. 156 the Low Income Housing Institute. For levy-funded units for 20 years and to Fax: (206) 443-9851 more information on the Seattle Housing supplement rent for residents who are E-mail: [email protected] Levy, visit the City of Seattle website at Web site: www.lihi.org. very low-income, including seniors, www.seattle.gov/housing/levy. Housing Washington 2 Seattle taxpayers want to renew Seattle’s Housing Levy By Donald Chamberlain I routinely come in I own a small and lovely home contact with peers in the Judkins Park neighborhood from across the of Seattle. It’s a 1904 house on a country. I assure you double lot, which I purchased 17 that Seattle is looked years ago for the now unbelievable to as a beacon of price of $110,000. As a young wisdom for investing professional in a nonprofit orga- in the prevention of nization, I had nearly given up on homelessness through homeownership. Instead I can look creating and sustaining back on 17 years of joy resulting affordable housing. from a great location, affordable Home is the founda- monthly payments and stable tion! Children need housing. And as I approach 60, a home in order to I look forward to continued succeed in school, housing security and ready access and parents need to arts, entertainment and the affordable rents so Advocates at a Seattle City Council demanded that council medical and social supports that “green light” the levy for the November ballot. that they can pay living in Central Seattle offers. for groceries, gas, My neighborhood has greatly developed without the seed funding insurance and childcare, too! improved over the past 17 years, provided by the housing levy. Skipping 2 lattes ($6.60) a month and much of that improvement Building Changes has created for seven years is worth it, when you has stemmed from the previous more than 160 units of permanent consider all the seniors and children, housing levies: supportive housing in Seattle and King low-income families and disabled • Homesight has offered dozens of County. Several of our projects have individuals who will have a place affordable first-time homebuyer received national recognition. All of to call home. And every levy dollar opportunities them required levy funds to get built. invested in housing will be matched Our most recent development, by at least $3 more from other sources. • Housing Resources Group, along Kenyon Housing, resulted from a I ask to city of Seattle and Seattle with my employer Building collaboration with Housing Resources voters to support the levy at $145 Changes, developed Judkins Park Group and Sound Mental Health. million or more. We need that much Apartments – right across the park It provides 18 apartments, with just to maintain our current level from me – for low-income and on- and off-site services, for individuals of investing – investing in our disabled families, including people living with HIV/AIDS who have children, our community and our living with HIV/AIDS been homeless and struggle with prosperity.
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