Sanjay Bhatt | Seattle Times
Frustrated with skyrocketing rents that price out modest-wage workers, the Seattle City Council could consider a tax on all new commercial and apartment projects in the city’s denser areas to pay for more affordable housing.
The so-called “linkage fees” would apply to all new offices, hotels, retail stores and labs, as well as apartment projects in areas zoned low-rise and denser. The fees would be phased in over three years.
“I want to make sure this is a city for everyone, from the Ph.D. at the Fred Hutch to the immigrant janitor in an Amazon building,” said Seattle City Councilmember Mike O’Brien, chair of the land-use committee that heard a consultant’s recommendations on Tuesday. “The market is just not producing that level of affordability anymore.” Read more