The City of Seattle is convening a roundtable discussion of multifamily rental property owners to provide advice and feedback on several proposed and existing tools to preserve affordable private market housing. RHA has partnered with the Seattle Office of Housing to engage property owners in this conversation on a toolkit of strategies to preserve existing affordable housing as part of the Housing Affordability and Livability Agenda (HALA).
HALA, convened by Mayor Murray, is a multi-pronged approach to increase the affordability and availability of housing in Seattle. Part of the HALA road map charges the City with developing a program to preserve existing housing in the private market that is affordable to low-income people. The City Council has also prioritized preservation by creating a new loan program as part of the 2016 Seattle Housing Levy on the August 2 ballot that can help property owners make critical repairs and keep rents affordable.