With the vote, the Seattle Social Housing Developer will officially be funded with the proceeds from Proposition 1A, approved in February 2025.
SEATTLE — The Seattle City Council voted unanimously Tuesday to begin funding the Seattle Social Housing Developer (SSHD).
The funding comes from Proposition 1A, approved by Seattle voters in February 2025. The measure, backed by the grassroots campaign House Our Neighbors, imposes a 5% tax on total compensation for employees earning more than $1 million annually, paid by employers. The city began collecting payments from the 2025 tax year last month, according to the council.
“This is a historic moment for housing
→ Continue reading at King 5
