Housing Measure Wins in Seattle Special Election

Voters approved a new tax that could bring in $50 million per year for social housing.

1 minute read

February 16, 2025, 11:00 AM PST

By Diana Ionescu @aworkoffiction


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Seattle voters approved Proposition 1A in a special election this week, supporting a 5 percent tax on employee compensation over $1 million per year that will fund social housing, reports Kipp Robertson for King 5 News.

“By approving Prop. 1A, voters have also rejected the alternative, Prop. 1B. Proposition 1B, supported by the Seattle Metropolitan Chamber of Commerce, proposed using $10 million annually for five years from existing city funds,” Robertson adds.

The measure is expected to generate roughly $50 million per year for housing projects.

The city’s voters approved a nearly $1 billion housing levy in 2023, which taxed property owners 45 cents per $1,000 of assessed value.

Tuesday, February 11, 2025 in King 5 News

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