King County
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New Legislation Allows Uptick in Affordable Housing, Though City Far Behind Current Target
King County recently passed new legislation regarding affordable housing, paving the way for the addition of nearly 900 new units during the following five years. Due to measures taken by the State Legislature, the county will now be able to issue workforce-housing bonds worth up to $45 million. The bonds will be backed by the local hotel tax, and will support homes located within at least a half-mile from a transit station.
Seattle 29 April 2015 04:39
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