AN ORDINANCE relating to the financing of the Seattle Social Housing Developer; authorizing the Director of Finance to enter into a loan agreement with the Seattle Social Housing Developer; authorizing a loan of funds in an amount up to $2,000,000 from the General Fund as bridge financing to be repaid from future tax proceeds; and ratifying and confirming certain prior acts.

CB 121012 · Ordinance (Ord) · Passed

Sponsors: Dan Strauss

Timeline

• Jun 18, 2025: Mayor's leg transmitted to Council (Mayor)
• Jun 18, 2025: sent for review (City Clerk)
• Jun 23, 2025: sent for review (Council President's Office)
• Jul 1, 2025: referred (City Council)
• Jul 2, 2025: pass (Finance, Native Communities, and Tribal Governments Committee)
• Jul 8, 2025: passed (City Council)
• Jul 10, 2025: submitted for Mayor's signature (City Clerk)
• Jul 10, 2025: Signed (Mayor)
• Jul 10, 2025: returned (Mayor)
• Jul 10, 2025: attested by City Clerk (City Clerk)