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Select Committee on 2023 Housing Levy

Wednesday, June 7, 2023 · 9:30 AM AM · Council Chamber, City Hall 600 4th Avenue Seattle, WA 98104

TL;DR

Seattle's City Council passed a measure to ask voters to approve a new housing levy in November 2023. The levy would allow the city to collect additional property taxes for up to seven years to fund low-income housing programs. Seniors, veterans with disabilities, and other qualifying residents would be exempt from the tax increase.

Key Decisions

  • Housing Levy Ordinance - Authorizes special election in November 2023 Passed
  • Property Tax Increase - Lifts cap to allow additional taxes for low-income housing (up to 7 years) Passed
  • Tax Exemptions - Seniors, veterans with disabilities, and qualifying disabled residents exempt from new tax Passed
  • Oversight & Reporting - Creates levy oversight committee and requires annual progress reports Passed
  • Interim Financing - Authorizes temporary financing while waiting for tax revenue Passed
Agenda PDF Minutes PDF

Agenda

  1. 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.
  2. Please Note: Times listed are estimated
  3. Call To Order
  4. Approval of the Agenda
  5. Public Comment
  6. Items of Business
  7. 1. AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the November 7, 2023 general election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; exempting certain seniors, veterans with disabilities, and other people with disabilities who qualify under RCW 84.36.381; and ratifying and confirming certain prior acts.
    Ordinance (Ord)
    Action: pass Passed

    The Committee recommends that City Council pass the Council Bill (CB).

  8. 2. A RESOLUTION relating to low-income housing; accompanying an ordinance requesting the 2023 Housing Levy Renewal and providing further direction regarding reporting and implementation of the programs to be funded by such levy and other housing funds.
    Resolution (Res)
    Action: adopt as amended Passed

    The Committee recommends that City Council adopt as amended the Resolution (Res).

  9. Adjournment