You are likely to hear your children say this when you get home, but it also comes up among housing advocates.
By far, the most discussed issue related to this year’s Housing Levy (and probably in all other years) is income targeting. For those of us who use these funds, it can amount to “who gets what?”
In today’s funding climate, the competition among housing providers has the potential to be fierce. At the same time, Seattle voters are the ones who ultimately determine who the levy serves. A survey of Seattle residents about the Housing Levy clearly indicated that people want the programs to serve families and individuals with fewest resources.
Advocates and City Councilmembers have a responsibility to balance the public will with what is necessary to actually make projects pencil-out.
To that end, it looks as though City Council will likely add at least one additional income set-aside to the minimum included in the Mayor’s proposal. One idea being floated is to maintain at least 55% or even 60% of rental funds for households below 30% of AMI. In addition, the plan would add a cap of no more than 10% of funds for households above 60% AMI. This would mean that there is some flexibility for funds to be used all the way up to 80% AMI while also providing a guarantee to advocates and the public that the vast majority of funds will serve people in dire situations.
This plan would align with HDC’s principles to serve the entire continuum of housing and support community and economic development while also maintaining the focus on the poorest in our community.
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