Comments on: The Only Problem With The Proposed Seattle Housing Levy Is That It Isn’t Big Enough http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/ > so much wonderful packaged in such a mess Fri, 18 May 2012 04:54:00 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Density And Affordability Go Hand In Hand | citytank http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-657607 Density And Affordability Go Hand In Hand | citytank Thu, 29 Mar 2012 17:02:40 +0000 http://noisetank.com/hugeasscity/?p=858#comment-657607 [...] the reality on the ground makes clear, however, these programs are not enough. We need to beef up Seattle’s housing levy and the State’s Housing Trust Fund, for example. We also need to pursue innovative new [...] [...] the reality on the ground makes clear, however, these programs are not enough. We need to beef up Seattle’s housing levy and the State’s Housing Trust Fund, for example. We also need to pursue innovative new [...]

]]> By: AlonaCalhouncabbsltg http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-519654 AlonaCalhouncabbsltg Sat, 26 Mar 2011 10:24:00 +0000 http://noisetank.com/hugeasscity/?p=858#comment-519654 this video makes the bed intruder one look like heaven. this video makes the bed intruder one look like heaven.

]]> By: super cheap motor parts http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-362620 super cheap motor parts Fri, 22 Oct 2010 05:49:16 +0000 http://noisetank.com/hugeasscity/?p=858#comment-362620 I usually don't post, but found this article of great value, Thank you Author I usually don’t post, but found this article of great value, Thank you Author

]]> By: Yes Virginia, Density Causes Sprawl—Lorax Edition | hugeasscity http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-80931 Yes Virginia, Density Causes Sprawl—Lorax Edition | hugeasscity Wed, 23 Dec 2009 19:19:55 +0000 http://noisetank.com/hugeasscity/?p=858#comment-80931 [...] and those rents are going to go even higher (you may be feeling the pull toward a discusion of affordable housing, but we’re not going there [...] [...] and those rents are going to go even higher (you may be feeling the pull toward a discusion of affordable housing, but we’re not going there [...]

]]> By: Regarding The Upcoming Election: One Acronym And A Punctuation Mark: WTF? | hugeasscity http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-34878 Regarding The Upcoming Election: One Acronym And A Punctuation Mark: WTF? | hugeasscity Thu, 22 Oct 2009 06:55:03 +0000 http://noisetank.com/hugeasscity/?p=858#comment-34878 [...] little that can be done about it aside from government subsidy.   So then, how is it that the modest levy on the current ballot isn’t a slam dunk at the polls?  And for that matter,  [...] [...] little that can be done about it aside from government subsidy.   So then, how is it that the modest levy on the current ballot isn’t a slam dunk at the polls?  And for that matter,  [...]

]]> By: What Do You Spend $5.50 A Month On? | hugeasscity http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-33852 What Do You Spend $5.50 A Month On? | hugeasscity Tue, 20 Oct 2009 21:04:43 +0000 http://noisetank.com/hugeasscity/?p=858#comment-33852 [...] housing developer and community organizer at Capitol Hill Housing.  More on the housing levy here. [...] [...] housing developer and community organizer at Capitol Hill Housing.  More on the housing levy here. [...]

]]> By: Chris http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-3882 Chris Mon, 13 Jul 2009 21:41:07 +0000 http://noisetank.com/hugeasscity/?p=858#comment-3882 This levy is good because it targets (for the most part) vulnerable populations who have no prayer of housing otherwise. or it should...At some point (maybe $145 million) the leverage decreases on each dollar raised locally as the 9% LIHTC allocation and State HTFs are exhausted. I hope the levy was sized to maximize this levy. as for broader affordability goals, a levy of this size, or double or triple this size will have almost 0 effect on affordability due to the size of the housing market. The popping of the housing bubble is doing more for affordability than any levy ever could. time for some cross-pollination of my favorite blogs: http://globaleconomicanalysis.blogspot.com/2009/07/housing-update-how-far-to-bottom.html This levy is good because it targets (for the most part) vulnerable populations who have no prayer of housing otherwise. or it should…At some point (maybe $145 million) the leverage decreases on each dollar raised locally as the 9% LIHTC allocation and State HTFs are exhausted. I hope the levy was sized to maximize this levy.

as for broader affordability goals, a levy of this size, or double or triple this size will have almost 0 effect on affordability due to the size of the housing market.

The popping of the housing bubble is doing more for affordability than any levy ever could. time for some cross-pollination of my favorite blogs:

http://globaleconomicanalysis.blogspot.com/2009/07/housing-update-how-far-to-bottom.html

]]> By: ktstine http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-3881 ktstine Mon, 13 Jul 2009 20:10:09 +0000 http://noisetank.com/hugeasscity/?p=858#comment-3881 And these projects actually save taxpayer money. Here is a link to DESC's 1811 project, which recently published a study on having saved the City over $4 million in emergency services during its first year of operation alone! The $2m in Levy investment up front pays us all back in the long run (over and over every year). http://www.seattlepi.com/local/404451_alcoholic01ww.html And these projects actually save taxpayer money. Here is a link to DESC’s 1811 project, which recently published a study on having saved the City over $4 million in emergency services during its first year of operation alone! The $2m in Levy investment up front pays us all back in the long run (over and over every year).

http://www.seattlepi.com/local/404451_alcoholic01ww.html

]]> By: Joshua Daniel Franklin http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-3880 Joshua Daniel Franklin Mon, 13 Jul 2009 19:40:53 +0000 http://noisetank.com/hugeasscity/?p=858#comment-3880 I have very mixed feelings about supporting an economic system that denies workers a living wage, but this is not the fault of the housing levy! We need to provide places for people making $10/hr to live while we work for structural change. I will say that I think "drive 'til you qualify" is more of a middle-income phenomenon, and I'm glad that quality market-rate apartments are providing an alternative to that segment of the population, too. For example, according to estimates at Redfin most of the population growth in SLU since 2000 has been middle-income renters under 40, many with children. (Veer is currently the only condo building in SLU, the rest are apartments.) Oh, and by the way the housing levy does also support the <a href="http://www.lihi.org/__prop_BartHarvey0001.html" rel="nofollow">poor elderly</a> and <a href="http://www.desc.org/Canaday_Supportive_Housing.html" rel="nofollow">mentally ill</a>, etc. I have very mixed feelings about supporting an economic system that denies workers a living wage, but this is not the fault of the housing levy! We need to provide places for people making $10/hr to live while we work for structural change.

I will say that I think “drive ’til you qualify” is more of a middle-income phenomenon, and I’m glad that quality market-rate apartments are providing an alternative to that segment of the population, too. For example, according to estimates at Redfin most of the population growth in SLU since 2000 has been middle-income renters under 40, many with children. (Veer is currently the only condo building in SLU, the rest are apartments.)

Oh, and by the way the housing levy does also support the poor elderly and mentally ill, etc.

]]> By: Finishtag http://hugeasscity.com/2009/07/12/the-only-problem-with-the-proposed-seattle-housing-levy-is-that-it-isnt-big-enough/comment-page-1/#comment-3879 Finishtag Mon, 13 Jul 2009 18:43:21 +0000 http://noisetank.com/hugeasscity/?p=858#comment-3879 @1 "The reality is that no one — especially now with declining housing prices — wants “affordable” housing except the social-service agencies which build it." Your essay that you link to is about home-ownership and subsidizing home ownership. The 2009 Housing Levy has only 6% of its funds allocated for home ownership programs. Home ownership programs are not built by "social-service agencies." I support the Levy because shelter is a basic human right and I think City financial support of subsidized rental housing makes this a better city. @1 “The reality is that no one — especially now with declining housing prices — wants “affordable” housing except the social-service agencies which build it.”

Your essay that you link to is about home-ownership and subsidizing home ownership. The 2009 Housing Levy has only 6% of its funds allocated for home ownership programs. Home ownership programs are not built by “social-service agencies.”

I support the Levy because shelter is a basic human right and I think City financial support of subsidized rental housing makes this a better city.

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