In our previous article titled Seattle Fumbled Kickstarting Lagging Residential Construction, we discussed the MHA Accelerator. The MHA Accelerator was a program which would have reduced the onerous Mandatory Housing Affordability (MHA) fees by 90% for a set duration of 5 years. We are currently experiencing rising interest rates, increasing inflation and increasing construction cost. As a result, even though we have a housing shortage, construction has slowed to a crawl. The MHA Accelerator would have been a boost to kickstart our sagging building industry.
Read MoreMHA Accelerator
