Home News Seattle City Council’s Budget Committee Approves Landmark $340M Affordable Housing Plan Ahead of Final Vote

Seattle City Council’s Budget Committee Approves Landmark $340M Affordable Housing Plan Ahead of Final Vote

With the approval of the planned 2025–2026 budget by the City Council’s Select Budget Committee, which is chaired by Councilmember Dan Strauss, Seattle’s future investment portfolio is starting to take shape. According to the office of Councilmember Dan Strauss, this action forwards the package to the entire Council for a final decision scheduled for tomorrow. In addition to improvements in affordability, public safety, and a number of other vital services, the proposal’s centerpiece is a record investment in affordable housing, which is projected to total over $340 million in 2025.

According to the Council’s statement, the proposed budget is intended to effectively address housing insecurity by increasing rental assistance by $7.1 million to stop evictions and by adding an extra $3.4 million to the Homeownership Capital Production Program by 2026. In order to further boost home affordability, fiscal plans also call for the Office of home to look into bonding. With the funding of new, non-congregate shelters with integrated services aimed at moving people from the streets to their homes, the shelter and homelessness crisis is expected to be swiftly handled.

The budget proposal also prioritizes public safety and health. The plan demonstrates the city’s commitment to a comprehensive approach to safety and well-being by outlining increased spending for community-based safety programs and increased treatment for substance use disorders. To improve the city’s emergency response times, more firefighters and 911 dispatchers will be added.

In order to address the city’s affordability issues, the plan calls for increasing funding for food banks and meal programs by $3 million and expediting the enrollment of families in daycare through Seattle’s Child Care Assistance Program. In order to facilitate a more seamless transition for impacted employees, it also prioritizes the retention of city employees by choosing to postpone and limit layoffs. Restoring full funding for staffing and activities at the Seattle Channel is planned, which is crucial for preserving informed and connected communities.

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