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Seattle Social Housing Staffs Up, Nets $115 Million (www.theurbanist.org)

submitted 1 day ago* (last edited 1 day ago) by CombatWombat@feddit.online to c/seattle

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The Seattle Social Housing Developer smashed projections and pulled in more than double the amount expected from a recently voter-approved "excess compensation tax." Social housing advocates' priority bill at the state legislature is also making significant progress.

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[–] SpaceNoodle@lemmy.world 2 points 1 day ago

That's $2.3BN of income in excess of $1MM, that was reported and paid.

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