Seattle isn’t building enough housing. Construction is in a slump due to high costs.
To combat this, Seattle City Councilmember Dionne Foster on Wednesday dropped a bill that developers hope could turn things around. But the measure could face staunch opposition, because it relies on excusing market-rate developers from paying a chunk of the fees that normally fund below-market-rate affordable housing.
Mayor Katie Wilson signed onto a similar proposal last year, but stepped back when she determined she couldn’t get it through City Council…