Council to vote on $13M for housing in Everett, Lynnwood and Arlington
EVERETT The Snohomish County Council is set to approve using $13 million in sales tax money for affordable housing projects next week.
In 2021, the council passed a 0.1% sales tax meant to pay for new housing and behavioral health projects. The county also receives what is essentially a sales tax credit from the state, which also goes into the Affordable Housing and Behavioral Health Capital fund.
Those two sources are behind the four projects up for discussion on Oct. 23. They will add 166 new units while preserving 111 affordable units, though that number is subject to change through the development process, a county spokesperson wrote in an email.
This funding source is really a game changer for affordable housing in Snohomish County, said Kat Opina, a senior director with Housing Hope. We have been really waiting and with bated breath for this funding source to be released, and its absolutely crucial.
https://www.heraldnet.com/news/council-to-vote-on-13m-for-housing-in-everett-lynnwood-and-arlington/