How Social Housing Won In Seattle, Despite A Flood Of Big Tech Money
In the days before a recent ballot referendum in Seattle that would determine the future of social housing in the city, large tech companies spent big. Amazon and Microsoft, both of which are headquartered in the Seattle metropolitan area, each donated $100,000, and other opponents of a tax to fund social housing spent a combined $740,000 in the lead-up to the Feb. 11 vote. Despite this, the vote on a corporate tax to fund the city’s social housing authority won big, with 63% of voters supporting it.
In 2023, voters had already resoundingly approved the social housing authority, agreeing that a new entity would be created to acquire and construct mixed-income housing and keep it permanently affordable and under the city’s ownership.