Posted on 12/16/2022 5:59:55 PM PST by simpson96
Anita Adams’ ambition sounds simple enough: the Seattle homeowner wants to build a second, four-unit structure on her property so she can give her adult children, father-in-law, and potentially other family members a place to live in the city’s historically Black Central District, where she has resided her entire life.
The 49-year-old government worker and her husband can afford the project with financing, which she expects would total around 2,200 square feet, though she may have to rent out one of the units for a few years to help cover construction costs.
What she can’t afford, though, is the extra $77,000 she would need to fork over to Seattle upfront just to break ground. That cost was created by a local rule to create and fund affordable housing —but Adams argues it is instead blocking her kids from being able to afford to stay in a city where her family has lived for generations.
So, for two years, the project has been on hold while her children live outside of Seattle. In the meantime, the expected cost of the project has ballooned from about $600,000 to at least $750,000 and as much as $900,000 due to inflation and rising interest rates, she said.
“I should have the right to be able to leverage my property the same way the upper echelon enjoys leveraging theirs,” Adams told MarketWatch. “I’m not a huge developer, I can’t afford all of that. I never, ever thought I would have to go through this to be able to add housing stock in Seattle.”
In Seattle, new developments in certain areas have to include affordable housing units or the developer has to pay the city an amount of money based on the floor area of their project — to fund low-income housing preservation and production elsewhere
(Excerpt) Read more at marketwatch.com ...
betcsldd sad I she voted for the people who passed these regulations.
Of course she voted for them....the taxes, fees, nonsense regulations etc etc - those were only going to effect other people....until they didn’t.
I hope he or someone can help her. She is an example of a strong family leader working to achieve.
After 90210, meet me at the Oxygen bar for a few snorts of primo O2 and listen to some Chili Peppers
She is a government employee. I wonder how many people she has jammed up through her bureaucracy.
Sounds great. I’ll pick up a case of Zima on the way.
That cost was created by a local rule to create and fund affordable housing *** that they ALL VOTED FOR!!!
I guarantee that if she adds 4 units of 550 sq ft each to the lot with her existing single family house they will all be substandard. Where are they going to park their cars?
A few years after they are built she will complain about being forced to live in a racist slum.
Your full of BS, you race baiter.
Your right, "diversity" is Perversity!
I support LGBTQ!!!!
Lets
Get
Bidden
To
Quit
I wonder if the extra $77,000 is for the share of infrastructure spending. Increasing congestions by adding three units increases the demand on schools, roads, sewage, electricity, and water. I am assuming there are not any zoning variances.
There is no art which government sooner learns of another than that of draining money from the pockets of the people.
Facts do irritate you. You must be low IQ.
Fact: Democrats get 90% of African-American votes, vast majority of Asian votes, Vast majority of Hispamic votes, and vast majority of immigrant citizen’s votes. Does that clue you in a little? I doubt it. Low IQ people do not get it.
Lets
Get
Bidden
To
Quit
Now that diversity I can vote for.
We’ll chase it with crystal Pepsi and Alanis.
True.
A fairy tale ending.
BWAHAHA!!!!
No one should have to pay unnecessary costs (especially to any level of government) for anything on their own property (including property taxes).
Ignore him. He has already shown his true colors a few weeks ago when he typed, right here on FR, that we should be thankful that he is here, since we non-colored people born in America are stupid and incompetents (or something along those lines.. I should have bookmarked it).
That isn’t even counting that he is a covidian...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.