SEATTLE (Oct. 17, 2016) – Today, Mayor Murray and seven Councilmembers announced two proposed changes to implementation of the Mandatory Housing Affordability (MHA) program, aimed at increasing production and addressing the ongoing displacement occurring as Seattle grows rapidly. The MHA framework is a critical tool for achieving the goal of building 20,000 affordable homes, as laid out in the Housing Affordability and Livability Agenda (HALA), and provides increased development capacity in combination with new mandatory housing affordability requirements. Today, the City is introducing
- A tiered approach of higher performance and payment requirements for areas – such as the U District – that are receiving a higher capacity increase than the typical one story increase proposed as part of MHA; and,
- A revised map that moves some areas at higher risk of displacement – including the Central District, Chinatown/ID and parts of the Rainier Valley – into higher performance requirements to reflect updated rent data and the City’s analysis of higher displacement risk.
These proposed changes, in conjunction with maintaining the original “Grand Bargain” framework principles across the city, including Downtown and South Lake Union, will increase projected production of new affordable homes by approximately 200-300, from the original goal of 6,000.
“While Seattle reaps many benefits from rapid growth, we have to ensure this city remains affordable for those who live and work here,” said Mayor Murray. “The voters stepped up by doubling the Housing Levy in August and today’s announcement is another step toward achieving that goal by ensuring developers are also doing their part. Requiring developers to build affordable housing or contribute to its construction helps us slow the rate of displacement caused by our city’s growth, making MHA a critical tool for ensuring our city remains affordable for everyone.”