Laserfiche WebLink
LOCAL GOVERNMENT STRATEGIES TO PROMOTE AFFORDABLE HOUSING PRODUCTION <br /> R=Recommendation <br /> E=Enacted <br /> C=Considering or under discussion <br /> Source City of Everett <br /> Housing Housing Homelessness Municipal Seattle City of HSCP Best Enacted or Considering <br /> Development Affordability and Housing Research Housing Bellevue Practices — <br /> Strategy Toolkit1 Response toolkit for Service Affordability Affordable Draft October <br /> Team Cities3 Center and Livability Housing 20177 <br /> Recommenda Report4 Agendas Strategy6 <br /> tions2 <br /> P. Affordable units required in TOD near light R R <br /> rail stations <br /> Q. Support Community Land Trust Concepts R R <br /> R. Partner with large Employers to provide R <br /> housing for employees <br /> S. Partner with other Agencies for TOD R R <br /> affordable housing units <br /> II. DIRECT COST MEASURES <br /> A. Tax vacant land or donate it to non-profit R R R E R Considering <br /> developers/Surplus property* <br /> B. Establish development tax or value capture R R R R E 1 E R Enacted — may consider <br /> incentives—Multifamily Tax Exemptions* expansion <br /> C. Use property tax abatements R 1 <br /> 1 R <br /> D.Impact Fee Reduction* R R E R Enacted <br /> E. Impact Fee Deferral R R E Enacted <br /> F. Local funding for housing (housing levy, R R R E R R <br /> general fund contributions, etc.) <br /> G. Utility hookup assistance/waiver* R R R Considering <br /> H.Land banking for affordable housing/Public R R R <br /> acquisition <br /> I. Construction property tax set aside for R R <br /> affordable housing <br /> J. Second 1/10 of 1% sales tax enactment R R <br /> (limitations— voter approval required) <br /> K. Affordable housing commercial linkage fee 1 R R R <br /> L. Nexus Housing Fees for condo conversions, R E R R <br /> demolitions of affordable housing* <br />