Tax real estate development? Seattle city councilman makes his case

14 Oct 2014 | posted in: City Hall, Press | 0
By Marc Stiles

Talk about a tough audience.

On Thursday, Mike O’Brien, the chairman of a Seattle City Council committee that’s looking at taxing real estate development to fund affordable housing, sat in front of 400 people, many of them developers, to explain why they might soon have to pay a “linkage fee.” New residential, office or retail development in high-growth areas could be required to pay money into a fund to build affordable units.

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