Prop 1A Wins Backers expect legal challenge to new Seattle Social Housing tax

In a significant victory for housing advocates, Seattle voters approved a new 5% business tax to fund the city's Social Housing program, with 69% in favor of the measure. The initiative, promoted by the House our Neighbors group, is designed to generate approximately $50 million each year to build or acquire 2,000 affordable housing units over the next decade. This approval comes despite a substantial campaign against it, which included over $500,000 in corporate spending from opponents like Amazon and support from Mayor Bruce Harrell, who favored a more conservative funding approach. The new tax will target corporations paying more than one million dollars in annual employee compensation, including salaries and bonuses. Advocates argue that the tax will address the pressing housing and homelessness crises in Seattle by creating diverse income housing options.

However, they also expect legal challenges from corporate interests aiming to defeat the measure. The election results reflect a strong progressive trend among voters, indicating a desire for bold action on housing issues. This vote may pose challenges for Mayor Harrell as he seeks reelection, highlighting the growing divide between corporate interests and community needs.