Seattle Politics

Testifying for MHA Fee Reduction at Seattle City Council /  by Christopher Jones

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. 

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