Actions Underway or Completed
Preservation of Existing Affordable Housing
Work will remain ongoing with partners like A Regional Coalition for Housing and King County Housing Authority.
An initial conversation was held at the February 12, 2018 City Council meeting. Additional conversations and updates will follow.
Housing near Transit
Steps toward additional affordable housing near transit are currently underway in partnership with Sound Transit and other agency partners.
- Sound Transit's Operations and Maintenance Facility - East (OMFE) project is now underway, and will include affordable transit-oriented development.
- Bel-Red/130th Station transit-oriented development parcels are currently in review. More information on a formal RFP process will be available in Q1 2019.
Multifamily Tax Exemption
An update to Bellevue's multifamily tax exemption (MFTE) program was adopted by City Council on February 5, 2018. The amended program will better provide new affordable housing for current and future Bellevue residents.
Action C-4: Provide voluntary density incentives in exchange for providing affordable housing.
Newly-adopted land use code for downtown and Eastgate include provision for substantial additional affordable housing development. Ongoing planning projects along East Main and in the Wilburton area are expected to include similar density incentives.