AN ORDINANCE relating to appropriations for the Executive Department; amending Ordinance 126490, which adopted the 2022 Budget; changing appropriations and creating new positions in the Office of Housing; all by a 3/4 vote of the City Council.
Agenda Item seven Council Bill 120318. An ordinance relating to appropriations for the Executive Department amending ordinance 126490, which adopted the 2022 budget. The committee recommends the bill pass. Thank you. I'm going to find the number here. I move for Council Bill 120318 0 seconds seconds. Thank you. There's been. It's been moved and seconded. And customs data. This is yours. And so you were recognized. Thank you very much, Madam President. And thanks again to the members of the Finance and Housing Committee. Again, this is a piece of legislation in front of us that unanimously passed out of the Finance and housing committee meeting. Just very briefly, as folks may remember, our codified spend plan for Jumpstart progressive revenue authorized up to 5% for admin, 5% of the fees that are being recouped to be used for administration to make sure that the intended use is well-staffed and that the dollars, resources and programs are getting out the door within this piece of legislation in front of us. This is the authorizing legislation for the Office of Housing to use a portion of that administrative amount to create the staffing needed for what is the largest portion of jumpstart spending. And that is making sure that we're building affordable housing, both rental units and new home owner first time homeowner options. So in this piece of legislation, we are proposing to draw 2.3% of the administrative funds, not the full 5%. The remaining amounts would go to the rental and homeownership programs within the Office of Housing. And I'm really excited about this piece of legislation because it does create a needed staff capacity to help to deploy the affordable housing dollars as we continue to work to scale up our investments in creating affordable housing, supporting existing homeowners, and creating new first time home owners. Thanks very much to the folks at the Office of Housing, the new interim director, Michael Winkler Chinn, and her incredible staff for the work that they've been able to do thus far and the work that they are committed to doing with this funding. They will be adding staff to perform a range of services and activities that go into investing and promoting the development and acquisition of affordable housing. This is all specified in the detailed spend plan that again we codified into statute, but this makes sure that we're building affordable housing and acquiring multifamily structures that may be on this market to pull those off of the private market and quickly turn those into affordable housing options that will benefit to the health of our community population and the health of our local economy. Just by way of reminder, the Jumpstart payroll tax added $97 million for affordable housing and 2022. This doubled the amount of housing, the amount of funding that was going into housing in last year's budget compared to previous budgets. And as a reminder, 62% of all of the funding that comes in from Jumpstart does go to affordable housing. Within that 62%, the vast majority, 82% of it goes to rental housing, to rental housing services, or making sure that we're housing folks below 30% of the area. Median income and permanent supportive housing and affordable housing. 13% goes to community focused acquisition, development and capacity building, and 5% is being prioritized for increased investment into home ownership. This legislation authorizes new position authority at the Office of Housing and to make sure that the codified spend plan is our duty to everything we can to bring the Seattle to Council Member. Okay, thank you so much. And let's see that. That said, I think that summarizes what we always talk about in committee and the good work that's gone in to stewarding these dollars towards more investments in affordable housing. Again, more than half of what was actually authorized for staffing and administration, more than half of that amount is going right back into building affordable housing units. So really thanks to the Office of Housing for their great stewardship of these funds. Thank you, Council President. If you come from Washington. Are there any comments for council member or questions for customer mosquito? I would be remiss, Madam President, if I didn't think Erin house for her work with address on central stuff as well to go over the initial proposal and work with office housing to really fine tune it. So thanks so much to Aaron and to Tracy. Yeah, Aaron and Tracy work really hard, so thank you for recognizing them. I don't think the public realizes how hard central staff works to get all the stuff done and get it done right. So thank you for recognizing them. Okay. So not seeing any more comments or questions for the vote. Please call the role on the passage of the bill. Members Strouse. Yes. Councilmember Herbold. Yes. Councilmember Lewis. Yes. Councilmember Morales. Yes. Councilmember Mustapha. Hi. Councilmember Nelson II Councilmember Peterson Hi. Councilmember Salant Yes. Council President or is I nine in favor and unopposed? Thank you. The bill passes and the chair will sign it. And Madam Chloe, police affix my signature. The legislation will be known on the agenda to public safety and human services. There are two items on there and it's Council Member Herbert's legislation or resolution. I'm sorry, I didn't mean to get that confused. A man clearly please read. I forgot. We're doing 9/1. Okay, let me back up here. Item number nine, we are doing first. And Madam Clerk, will you please read item number nine into the record.