Seattle Linkage Plan Paper

Words: 694
Pages: 3
Open Document
As the populations of a city grows the price of housing increases, reducing the number of affordable places to live. This forces low-income families to move to more affordable areas outside of the city. City's propose initiatives to create affordable housing in city limits. Seattle is one of the city's that is trying to make affordable housing available inside the city. The city proposed the Seattle Linkage fee, this is a fee that will be placed on developers to fund the building of affordable housing. The Seattle Linkage fee will create affordable housing by placing a $5 to $17.50 fee on office and apartment developers.
The Seattle Linkage fee will be placed on all future developments to raise money for the building of affordable housing. The amount of the fee depends on the area the developer is building. In the …show more content…
The fee will fund the building of affordable housing for low income families. The U.S. government defines low income as making less than 80% of the area median income (AMI). Affordable housing is defined as your rent does not exceed 30% of your income by the U.S. government. A large majority of working class families living and working in Seattle are considered low income families. The linkage fee is expected to raise $196 million dollars over the next decade. This will fund the building of 2,400 apartments. These apartments will be affordable for either a single person who makes around $37,000 a year and families who make around $53,000 a year. This will be a vast improvement over the prices of current apartments. A studio apartment goes for $1,500 to $2,000 a month. At these prices a recent grads working a full time job will struggle to make each month's rent. Mothers and fathers who work two jobs each will struggle to provide a home and food for their children. These working class people will be pushed out of the city away from the jobs so they can afford to pay rent and keep food on the
Show More

Related Documents: Seattle Linkage Plan Paper

Urban Design Essay

BEYOND THE ENTREPRENEURIAL CITY: MUNICIPAL CAPITALISM IN SAN DIEGO TIM CHAPIN* Florida State University, Tallahassee ABSTRACT: Over the last several decades the public sector has become much more innovative and entrepreneurial when pursuing downtown redevelopment, embracing characteristics previously restricted to the private sector. This article investigates this approach by reviewing a major redevelopment project in San Diego. In the course of this project the public sector acted in ways…

Words 9490 - Pages 38

Boeing Company Analysis Essay

Company). On a more current note, there are several important dates in Boeing history (Timeline): Sept. 4, 2001 - Boeing opens for business at its new downtown headquarters in Chicago, less than six months after announcing its planned move from Seattle. Sept. 11, 2001 - Four Boeing-made planes are hijacked by terrorists and crashed in the attacks that kill nearly 3,000 people. Subsequent steep drop in air travel demand sends Boeing's…

Words 15965 - Pages 64

Managing Information Technology (7th Edition) Essay

CONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5…

Words 239873 - Pages 960