Finance, Native Communities, and Tribal Governments Committee
TL;DR
The Finance, Native Communities, and Tribal Governments Committee discussed a new Social Housing Tax ordinance that would allow the City to partner with the Seattle Social Housing Developer. The ordinance would create a dedicated fund to support social housing initiatives while covering the City's administrative costs. No final vote was recorded in this meeting summary.
Key Decisions
- Social Housing Tax Ordinance (CB) Discussed
Agenda
- This meeting also constitutes a meeting of the City Council, provided that the meeting shall be conducted as a committee meeting under the Council Rules and Procedures, and Council action shall be limited to committee business.
- Please Note: Times listed are estimated
- Call To Order
- Approval of the Agenda
- Public Comment
- Items of Business
- 1. AN ORDINANCE relating to the Social Housing Tax; authorizing the Mayor or designee to enter into an interlocal agreement with the Seattle Social Housing Developer to establish the terms and procedures for the implementation, administration, transfer, reporting, and oversight of the Social Housing Tax, including provisions for reimbursement of the City’s administrative and implementation costs and outstanding loan balances; creating the Social Housing Tax Fund; and ratifying and confirming certain prior acts.Council Bill (CB)Action: discussed
The Council Bill (CB) was discussed.
- Adjournment