Index Investing News
Thursday, January 29, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Seattle extends affordable housing development exemption

by Index Investing News
December 21, 2022
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


A pandemic-era policy designed to cut red tape on the development of affordable housing projects will be extended through 2023 in Seattle.

In their last meeting of the year, the Seattle City Council voted unanimously last week to add another year to an exemption that allows affordable housing projects to skip the lengthy, and some say needless, design review process in order to expedite the projects. The exemption may become permanent after the year.

Seattle’s Design Review Board is tasked with looking at the aesthetics and features of proposed multifamily and commercial buildings and giving input on whether they “fit into” the surrounding neighborhoods. It can take months to complete, and many housing experts, developers and advocates argue it is unnecessary – and sometimes harmful to increasing the stock of housing for people making 80% or less of the area’s household median income, which is currently just more than $110,000.

The exemption was originally passed in April 2020, and has allowed 19 developments accounting for more than 2,000 affordable housing units to go through an abridged “administrative review” instead. 

With the exemption set to end next week, 60 days after the expiration of the city’s COVID emergency order, Councilmember Dan Strauss sponsored a bill extending the exemption, and committing to “streamlining” the production of affordable housing, with support from Councilmember Teresa Mosqueda and Mayor Bruce Harrell.

Strauss, who represents Northwest Seattle, said the city’s ability to effectively use temporary shelter to help those experiencing homelessness hinges on the timely availability of more affordable housing. He cited recent efforts to address homelessness his district, including the clearing of an estimated 80 people from Woodland Park earlier this year. 

“Our shelter capacity is pretty much at full,” Strauss said before the vote on Tuesday. “And we are better able to use our shelter resources by graduating people out of shelter and into permanent supportive and affordable housing.”

The extension was universally supported by public commenters ahead of the vote.

During the one-year extension, Strauss and Harrell say they’ll work to craft more permanent shortcuts to speed up the construction of affordable housing.

Those changes may include a permanent exemption from design review, exempting projects which use the Mandatory Housing Affordability program to produce their units on site for a two-year pilot, and permitting all other housing projects to choose whether to participate in full design review or administrative design review as a two-year pilot.

“We have more work to do and will continue to advance immediate and long-term solutions to reduce bottlenecks and expand affordable housing options in our communities,” Harrell said.

Harrell has committed to creating a process through which affordable housing project permits are approved within 12 months of submission.



Source link

Tags: affordabledevelopmentexemptionExtendsHousingSeattle
ShareTweetShareShare
Previous Post

(12/20) Tuesday’s Pre-Market Stock Movers & News : stocks

Next Post

Brits urged to be cautious with ambulance calls — RT World News

Related Posts

Just Listed | 8444 Ironhorse Court

Just Listed | 8444 Ironhorse Court

by Index Investing News
January 27, 2026
0

Impeccably maintained residence for sale within the gated setting of Ironhorse Country Club, West Palm Beach  IMMACULATE IN IRONHORSE3 Beds...

Average US long-term mortgage rate edges higher, but still near lowest point in more than 3 years

Average US long-term mortgage rate edges higher, but still near lowest point in more than 3 years

by Index Investing News
January 23, 2026
0

The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three...

Floating Tiki Huts That Sit a Mile Off Key West  Hailed as One of America’s ‘Coolest’ Airbnbs

Floating Tiki Huts That Sit a Mile Off Key West Hailed as One of America’s ‘Coolest’ Airbnbs

by Index Investing News
January 19, 2026
0

There are ocean views, and then there are ocean views. Tiki Suites—two one-bedroom tiki huts planted in the Gulf off...

They Left Their Empty Nest for a Fresh Start in Helena, Montana

They Left Their Empty Nest for a Fresh Start in Helena, Montana

by Index Investing News
January 15, 2026
0

When Beth and Brandon Sheafor decided it was time to downsize in Helena, Mont., they wanted to change their suburban...

Stranger Things In The Feed: When Audiences Take Control

Stranger Things In The Feed: When Audiences Take Control

by Index Investing News
January 11, 2026
0

The digital landscape isn’t just moving faster. It’s getting louder, more interpretive and less forgiving. Audiences don’t wait for context...

Next Post
Brits urged to be cautious with ambulance calls — RT World News

Brits urged to be cautious with ambulance calls — RT World News

The NY Times must stop trashing Britain and our monarchy as callous racists

The NY Times must stop trashing Britain and our monarchy as callous racists

RECOMMENDED

Powerball winning numbers for Wednesday, Oct. 4, 2023

Powerball winning numbers for Wednesday, Oct. 4, 2023

October 5, 2023
Republicans appeal Trump Colorado ballot disqualification to US Supreme Court

Republicans appeal Trump Colorado ballot disqualification to US Supreme Court

December 28, 2023
US inventory futures leap after President Trump takes workplace By Investing.com

US inventory futures leap after President Trump takes workplace By Investing.com

January 21, 2025
DPG: Underperforming The Index But Might Make Sense If The Price Drops

DPG: Underperforming The Index But Might Make Sense If The Price Drops

October 26, 2022
A whiff of bad inflation news

A whiff of bad inflation news

September 14, 2023
Trump tariff day setting stage for peak market uncertainty: Evercore

Trump tariff day setting stage for peak market uncertainty: Evercore

April 2, 2025
Small cap funds can get double-digit returns, but watch the style and cycle

Small cap funds can get double-digit returns, but watch the style and cycle

October 28, 2022
It’s War – The Real Meat-Grinder Starts Now – FREEDOMBUNKER

It’s War – The Real Meat-Grinder Starts Now – FREEDOMBUNKER

March 25, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In