HomeMy WebLinkAbout07.06.23 Advisory Board AgendaPage 1 of 6
SKHHP Advisory Board
July 6, 2023, 3:30 – 5:30 PM
Zoom Meeting
Zoom Link: https://us06web.zoom.us/j/89734407973?pwd=cnlISFU4dXFJaFN5TGIwTWlxZHlNZz09
Meeting ID: 897 3440 7973
Password: 981696
Phone: 253-215-8782
Time Agenda
3:30 Welcome / Introductions / Opening
3:40 June 1, 2023, Meeting Minutes (Attachment A)
3:45 Housing Update from City of Normandy Park
4:00 Housing Action Plan Update from City of Burien
4:30 Advisory Board Recruitment Process
4:50 Housing Capital Fund Guidelines Update
5:00 Disclosure Statements for Housing Capital Fund
5:10 Updates / announcements
5:20 Closing
Attachment A
Page 2 of 6
SKHHP Advisory Board
June 1, 2023
MINUTES
I. CALL TO ORDER
Dorsol Plants called the meeting to order at 3:33 pm.
II. ROLL CALL/ESTABLISHMENT OF QUORUM
Advisory Board members present: Andrew Calkins, Uche Okezie, Ryan Disch-Guzman, Amy
Kangas, Linda Smith, Maju Qureshi, Cathy Sisk, Tina Narron, Menka Soni
Other attendees: Claire Vanessa Goodwin, SKHHP; Dorsol Plants, SKHHP, Chaney Skadsen, City
of Federal Way
III. APRIL 6, 2023, MEETING MINUTES
Motion to approve April 6, 2023 Minutes by Uche Okezie, Second by Linda Smith. (9-0)
IV. ADVISORY BOARD ALTERNATES
Dorsol Plants reviewed the bylaw changes that allowed for organizational members of the Advisory
Board to select alternates. While the primary representative must attend the majority of the time,
organizations can select and inform SKHHP staff who their alternate will be. SKHHP Staff are
requesting each organization select an alternate by the July Advisory Board meeting to help maintain
quorum during the rest of the year.
V. HOUSING UPDATE FROM THE CITY OF FEDERAL WAY
Chaney Skadsen, Senior Planner for the City of Federal Way provided an update on the Housing
Action Plan (Attachment B). Adopted in October 2021, four primary objectives guide the housing
action plan including: Promote new housing development that expands housing choices and is
inclusive to community needs. Encourage homeownership opportunities and support equitable
housing outcomes. Plan for continued growth and ensure the built environment promotes community
development and increases the quality of life for Federal Way’s existing and future residents.
Preserve existing affordable housing stock to reduce displacement pressure.
Each objective is fulfilled or intended to be fulfilled by eight strategies identified in the Housing Action
Plan. At the time of drafting, it was a priority of the City Council to identify how each strategy
supported both market rate and income restricted affordable housing.
By 2044, Federal Way will need to provide for around 11,260 new units of housing. The most recent
multi-family housing development in the city was in 2016. Conducting a buildable land assessment to
help determine the city’s capacity for growth, the downtown core was highlighted as an ideal location.
The downtown core has existing capacity and has some of the densest zoning of any part of the city.
The city hopes to better define the downtown to promote a dense, walkable, mixed-use city center.
Attachment A
Page 3 of 6
Federal Way was incorporated in 1990 and had a suburban style of planning during its early stages.
The Commons Mall is the largest property owner in the current downtown core. The area is entirely
commercial with a lot of concrete surfaces. Leveraging the new Link Light Rail station in a well-
designed and thought-out way will create a new desirable neighborhood with approximately 5,000
new units of housing.
There are some physical and design barriers to this upcoming transformation. One example is
320th Street which can have several lanes of high-speed traffic at various points. As a city develops
something like a Downtown Center or their Housing Action Plan, steps must be taken at many levels
to promote desired development in the area. One example of this is what Federal Way is calling “The
Dip” which will be a pedestrian and bicycle traffic crossing over 320th Street to promote walkability.
The City owns property in the downtown core that is ripe for redevelopment. Presently, an old building
previously used for commercial retail space sits vacant on the property. So far, the city has not seen
speculative development associated with the upcoming Link Light Rail station. Capitalizing on the
current opportunity, the city is working on a redevelopment plan to revitalize the whole area. On
Tuesday, June 13 at noon, a demolition celebration will tear down the old, vacant building in
preparation for the new development of 900 units of housing. This redevelopment will be split into
three or four phases, with some details still being worked out with the developer. The vision is firmly
established to create a variety of housing options including both rental and home ownership in a
walkable community that prioritizes people.
The redevelopment plan is made possible by a new tool called Tax Increment Financing (TIF). TIF is
a bet on the future, where the city pays for initial improvements to encourage new development
believing the tax value will go up. The new development would not occur in those areas without the
city’s initial coverage of the cost.
The city has been making changes to its code based on research economists did to find ways to
make the city a place developers want to build. One example is to expand the Multi-Family Tax
Exemption to include the Community Business zone. Another example is to provide predictability for
school impact fees. In 2016-2017, the city had a multi-family moratorium which led to school impact
fees rising to over $20,000 per multi-family door. The city has placed a cap on school impact fees to
prevent a pendulum effect of fees fluctuating from low to high.
Not every recommendation from the economist’s research was adopted, it was recommended that
the city get rid of its income-restricted inclusionary zoning requirement which requires 5% of units in
multi-family buildings be restricted to serve residents at 50% of AMI or below. While this is a cost to
the developer, this has been one of the city’s most effective tools for generating affordable housing
and is not subject to displacement like other measures. Instead, the city chose to remove the parking
requirements for affordable housing which is a more direct saving to the developers.
Federal Way will see a second light rail station built further south than the first and will connect the
city to Tacoma. This station has been delayed a few times and is currently slated to be completed in
2035. The future station creates another opportunity to expand housing in the city with this section of
the city presently zoned for more “rural housing” development. Houses of this type are quarter arc in
minimum size and allow for single-family units, with only two multi-family buildings in the area. The
Attachment A
Page 4 of 6
rest is zoned industrial which does not allow for any residential. The city is prioritizing ways to
revitalize this area that encourage growth but also prevent conflict from the varying zoning types.
Federal Way is also considering a strategy to encourage the production of Accessory Dwelling Units
(ADUs). City staff receives multiple calls during the day seeking to develop ADUs, often from the
property owner directly. While it is a heavily desired housing type in Federal Way out of the 60
permitted only 35 have been built so far as of 2021. One change to the permit process reduces the
number of permits required so that ADUs require only one permit streamlining the process.
Additionally, the city is seeking to reduce the cost of ADU production by proposing to exempt ADUs
from school impact fees. Lastly, the city is seeking to remove regulatory barriers connected to lot
sizes used before the city’s incorporation which do not meet the minimum size standard to allow for
ADUs.
Andrew Calkins was happy to see that Federal Way was going to keep the inclusionary zoning
requirement and asked how many inclusionary zoning units had been produced under the policy.
Andrew Calkins also asked if the city had looked at increasing zoning capacity in other areas of the
city outside the Link Light Rail stations. Chaney Skadsen said that the city does have the exact
number and believes it to be over 80 units. She provided clarification that for rentals under the
inclusionary zone they served 50% AMI but for homeownership opportunities they served up to 80%
AMI. Federal Way has been a pioneer in the region around inclusionary zoning and so the city is
currently seeking to maintain the tool as currently written.
Ryan Disch-Guzman asked how the city is balancing the need to increase density with the challenges
that arise from transitioning from a more Suburban environment. How has city staff encouraged and
educated the community about these transitions? Chaney Skadsen responded that it includes
informing the community that the housing desires have morphed. While some Americans still have a
dream of a single-family home with a white picket fence, others are looking for greater density around
community-shared spaces. Focusing on the opportunities that these changes bring. An increase in
housing can support other communities such as commercial spaces to meet with friends or other
people-activated spaces. Asking the residents what type of community they want, understanding that
there must be homes to live there. The choice is good, and the city can meet your desires and the
desires of other neighbors as well.
Uche Okezie asked if there was an identified process for the community to help guide the
revitalization and development of the city. Chaney Skadsen stated that the city provides more public
notices for multi-family development compared to other new development types. The city is holding
forums and other community engagement pieces such as tabling at the Farmer’s Market to collect
community input for the current Comprehensive Plan and Housing Action Plan work. Federal Way will
be holding a workshop specific for ADUs once the changes have been completed and are looking for
opportunities on other hot topic issues.
VI. 2023 HOUSING CAPITAL FUND PROCESS
Dorsol Plants reviewed the draft 2023 Housing Capital Fund process and funding guidelines
(Attachment C). The 2023 Housing Capital Fund is scheduled to have the Application go live for
distribution in July 2023. SKHHP Staff is requesting help from each Advisory Board member to help
spread the word about the funding opportunity. The applications will be due by September 15, 2023,
and the Advisory Board will begin the review process at the October 5, 2023, Advisory Board
Attachment A
Page 5 of 6
meeting. At the November 2, 2023, Advisory Board meeting, the Housing Capital Fund
recommendations will be selected and moved forward for final adoption at the November 17, 2023,
Executive Board meeting. SKHHP staff will then work through the first quarter of 2024 to have the
adopted recommendation reviewed by each contributing SKHHP City Council.
Dorsol Plants facilitated a discussion on whether the funding priorities from 2022 still reflected the
Advisory Board’s priorities in 2023. Ryan Disch-Guzman mentioned thinking about including a focus
on economic opportunities like how the City of Federal Way previously spoke about tying new
housing with new community amenities like public transportation which help to stabilize housing.
Cedar Crossing is another development that was connected to the Roosevelt Link Light Rail station
which empowered residents to be able to get to work without a car. Claire Goodwin highlighted that
Transit-Oriented Development captures tying housing with transportation.
Andrew Calkins stated support for the Funding Guidelines and seconded Ryan Disch-Guzman’s
thoughts around economic opportunities. The concept aligns with a few of the current guidelines such
as Collaboration, Transit Oriented Development, or Community Connections and Engagement,
thinking there may be some way to capture these elements outside of housing.
Menka Soni added that reading through she felt it might be captured in Community Connections and
Engagement, she asked if it would be possible to add Transitional Housing. Dorsol Plants responded
by thinking there were some limitations based on the types of eligible projects. Claire Goodwin added
that she would need to confer with the legal staff to ensure they would be eligible to use it, but she
would investigate it. Claire Goodwin added that in the past more stable forms of housing were more
what the Executive Board was hoping to support. Dorsol Plants added that King County Regional
Homelessness Authority has had its five-year plan amended to include working with cities to provide
housing types for 0-30% AMI which would include Transitional Housing. Claire Goodwin confirmed
she would look further into whether it was an option for funding.
Linda Smith spoke in support of Transitional Housing and the way it supports moving people from
homelessness to stable housing.
Amy Kangas added that her concern around Transitional Housing is that programs are tied strongly to
time limits and residents can be evicted when time runs out of the program regardless of if they can
afford market-rate rent without the support. Dorsol Plants confirmed his own experience with
challenges with transitional housing programs and strict timelines leading to eviction. Claire Goodwin
centered the discussion around funding priorities, which don’t prevent the selection of a project like
Transitional Housing but is a list of the top priorities to fund.
Andrew Calkins added he felt the focus should be on permanent housing, including Permanent
Supportive Housing.
VII. 2024 WORK PLAN & BUDGET
Claire Goodwin provided a brief update on the 2024 SKHHP Work Plan & Budget (Attachment D).
The Executive Board did adopt the Work Plan & Budget at the May 19, 2023, meeting. SKHHP will
send out the Work Plan & Budget to each of the member jurisdictions, most cities will be adopting the
Work Plan & Budget on their consent agenda. SKHHP staff will be doing four presentations at some
of the SKHHP partners.
Attachment A
Page 6 of 6
VIII. UPDATES & ANNOUNCEMENTS
Dorsol Plants checked with the Advisory Board if the July 6 meeting worked to hold an Advisory
Board meeting. A quorum of Advisory Board members was available and willing to meet on July 6.
Dorsol Plants informed the Advisory Board that Jennifer Hurley had submitted her resignation for
personal reasons. She appreciated her time on the Advisory Board and will miss everyone she got to
work with during her time at SKHHP.
Dorsol Plants announced that Des Moines City Council would be going over their Housing Action
Plan that night. The City of Tukwila would be holding an event for feedback on their comprehensive
plan on June 6, 2023.
Uche Okezie provided a brief update on the May Executive Board meeting. Several cities provided
the Executive Board with a briefing on how they support permitting affordable housing including
Tacoma. A lot of times, permitting can provide barriers for developers to jump through, and good to
hear other cities are working to resolve those issues. Uche Okezie updated the Advisory Board about
Claire Goodwin’s presentations on the 2024 Work Plan & Budget and the Housing Capital Fund
Funding Guidelines. Dorsol Plants added they were great briefings and the SKHHP YouTube channel
has the recording of those briefings.
IX. CLOSING/ADJOURN
The meeting adjourned at 4:58 pm
Implementing Federal Way’s
Housing Action Plan
SKHHP Advisory Board June 1, 2023
By Chaney Skadsen, Senior Planner
HAP Objectives
Promote new housing development that expands housing choices and is
inclusive to community needs.
Encourage homeownership opportunities and support equitable housing
outcomes.
Plan for continued growth and ensure that the built environment
promotes community development and increases the quality of life for
Federal Way’s existing and future residents.
Preserve existing affordable housing stock to reduce displacement
pressure.
HAP Strategies
#1: Promote a dense, walkable mixed-use City Center
#2: Promote mixed use, walkable, neighborhood centers
#3: Expand “missing middle” development opportunities
#4: Encourage ADU production
#5: Ensure that incentives for mixed-income housing are effective
#6: Review school impact fees on MF housing
#7: Coordinate to support affordable housing development and preservation
#8. Tenant protections and pathways to homeownership
HAP Housing Categories
Strategies and
Actions
8 total strategies
Market Rate
Housing
7 supportive strategies
Income Restricted
Housing
6 supportive strategies
Preservation of
Existing Housing
2 supportive strategies
11,260 New
Housing Units
by 2044
Promote a dense, walkable, mixed-use
City Center
Approximately
5,000 housing
units planned in
City Center
Leverage light
rail access
Improve
development
climate
Create a
desirable
neighborhood
City Owned Property
Redevelopment of City owned Property
9
March 2022
City hires VIA
Nov 2022
Council sees plan
& authorizes RFP
Feb 2023
City receives 6
proposals
April 2023
City chooses 1
Trent & starts DA
process
Dec 2023
Council decides
on proposed DA
Prioritizing Pedestrians –The Dip
Tax Increment Financing (TIF)
The theory of Tax Increment Areas is that the growth of investment, and
therefore property taxes, will fund the public improvements in the area
and that those promised public improvements have a direct impact on
developer’s decisions to invest in the area and the timing of those
investments.
Public Parking A stand-alone parking garage, public parking integrated into a private garage, shared parking
agreements w/ other parties, other equivalent projects that would add parking
Recreation New park or park expansion, civic plaza, park improvements, other equivalent projects that
would add recreational amenities
Mobility S 320th dip, pedestrian promenade, protected bike lanes, transit shelters, bicycle lockers, City
Center Access, other equivalent projects that would increase mobility
Community Building Public market, senior center, City Hall, community center north, downtown meeting room, other
equivalent projects that would add an indoor community space to the district
Public Safety Improvements to benefit FWPD, improvements to benefit So. King Fire, improvements to lessen
code compliance issues, other equivalent projects that would improve public safety
Placemaking
Gateway features, wayfinding signs, pedestrian nodes/public spaces, public art, lighting (e.g.
catenary lights, etc.), special street furniture, other equivalent projects that would improve
placemaking
1.Expand the Multi Family Tax Exemption (FWRC
3.30.030) to the Community Business (BC) zone;
2.Reduce the amount of ground floor non-residential
space that is required;
3.Increase building height within 100 feet of single
family for the BC zone;
4.Reduce the parking requirement for the BC zone;
5.Make consistent the open space requirement and
allow for a fee in lieu of option;
6.Allow stormwater to be placed in vaults within the
BC zone;
7.Provide predictability for school impact fees;
8.Remove the City’s inclusionary requirement; and,
9.Remove the restrictions on building form.
Revisions to MFTE have different
procedural requirements than
Title 19
Proposed amendments for
consideration
No proposed amendments
No proposed amendments
No proposed amendments at
this time
A change to Development
Standards –planned for 2024
Proposed amendments for
consideration
Proposed amendments
for consideration
Proposed amendments
for consideration
HAPI Grant Deliverables –Code Update
#2: Promote mixed use, walkable,
neighborhood centers
#4: Encourage ADU production
1.Streamline permitting process
2.Reduce cost for ADU production
3.Remove regulatory barriers
$548
11%
$2,354
45%
$2,311
44%
BREAKDOWN OF ADU FEES
ADU Permit Building Permit School Impact Fee
Questions?
Housing Capital Fund
Review
SKHHP Advisory Board Meeting 6.1.23
Results of
2022 Housing
Capital Fund
•Homeownership project, Phase 1 construction of 20 three-bedroom townhouses
•Average 50% of Area Median Income (AMI)
•$300,000
Habitat for Humanity Seattle-King and Kittitas Counties: Burien
•89-unit multifamily affordable rental housing development
•Mixed income: 0-30%, 30-50%, and up to 60% of AMI
•Includes 20% set aside for households with a disability and 40% set aside for
households experiencing homelessness
•$1,093,308
Mercy Housing Northwest: Burien Family Housing
•Homeownership project with 26 houses
•30-50% of AMI
•$0
ecoTHRIVE: Burien
2023 Housing Capital Fund Schedule
Timeline Task
Application package available
Provide intent to apply statement (optional)
Pre-funding application meeting (mandatory)
Applications due
Advisory Board Application Review
Advisory Board Recommendation
Executive Board Considers Final Project Adoption
–March 2024 SKHHP recommendation reviewed by City Councils
1406 Contributions in 2023
Jurisdiction Total contributed to SKHHP Housing Capital Fund
Auburn $152,865.47
Burien $69,897.22
Des Moines $133,558.12
Federal Way $34,300.97
Kent $212,654.80
Normandy Park $6,992.34
Renton $246,642.85
Tukwila $155,097.30
Total $1,012,009.07
ELIGIBLE ACTIVITIES for 2022 HCF
SKHHP funds may be used for the following activities:
•Acquisition, and related costs such as appraisals, financing costs, and transaction costs
•Rehabilitation and new construction costs
•Site development
•Off-site development only when necessary to assure utility service to the project site
•Mixed-income projects so long as Housing Capital Fund dollars assist units affordable at
or below 60% of area median income
INELIGIBLE ACTIVITIES for 2022 HCF
Housing Capital Funds may NOT be used for:
The development of any non-residential use. Housing capital funds may be used in a mixed
use development only for that portion of the development that is specific to the residential
use. This restriction also applies to site development and off-site development costs for non-
residential uses.
•The cost of any program operating expenses
•The cost of any political or lobbying activities or materials
•Rehabilitation of single-family housing units in a manner that would duplicate
participating jurisdictions’ housing repair assistance programs
•Uses that are public capital facilities such as correctional facilities or impatient treatment
facilities
FUNDING
PRIORITIES
Collaboration
Community Connections and Engagement
Disproportionate impact
Extremely Low Income and Supportive Housing
Geographic Equity
Homeownership
Leverage of Private and Public Investment
Preservation
Racial Equity
Transit-Oriented Development
Housing Capital Fund Application Addendum
•Please describe how your proposal proactively meet the needs of and will be available to
populations most disproportionately impacted by housing costs in South King County,
particularly among historically underserved, vulnerable, or marginalized communities. How will
you engage the communities most directly impacted about the opportunities provided by this
project?
•Please describe efforts specifically related to this project that have been undertaken to
collaborate and/or partner with local community-based organizations.
•Please describe your project team’s direct experience and connection to the populations
proposed to be served in this project.
•Please describe your project team’s experience in community engagement and involvement
in decision-making. If possible, give examples of instances where community input has driven
changes in your organization’s policies, program implementation, staffing/hiring practices, or
service delivery.
Questions & Discussion
•Are the funding priorities from 2022 still reflective
of the Advisory Board’s priorities for 2023?
•Can we can count you to help get the word about
the year’s funding round?
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Resolution No. 2023-01
May 19, 2023
Page 1 of 7
RESOLUTION NO. 2023-01
A RESOLUTION OF THE EXECUTIVE BOARD OF THE SOUTH KING HOUSING AND
HOMELESSNESS PARTNERS (SKHHP), ADOPTING THE 2024 SKHHP WORK PLAN AND
OPERATING BUDGET
WHEREAS, pursuant to the Interlocal Agreement, the SKHHP Executive Board approves
an annual work plan and budget each year to guide the work of SKHHP staff; and
WHEREAS, pursuant to the Interlocal Agreement, the annual budget includes an
itemization of all categories of budgeted expenses and itemization of each Party’s contribution,
including in-kind services; and
WHEREAS, upon adoption by the Executive Board, the annual work plan and budget will
be transmitted to each participating jurisdiction for approval by their legislative body; and
WHEREAS, the budget will not become effective until approved by the legislative body of
each jurisdiction and adopted by the SKHHP Executive Board; and
WHEREAS, if a party does not approve the work plan or budget in a timely manner, the
Executive Board may adopt the budget and work plan with a two-thirds majority vote; and
WHEREAS, the purpose of the annual work plan and budget is to provide management
and budget guidance, and implement the overarching SKHHP mission to work together and
share resources to increase the available options for South King County residents to access
affordable housing and to preserve the existing affordable housing stock; and
WHEREAS, the 2024 work plan includes four goals with corresponding action items that
further SKHHP’s mission.
NOW, THEREFORE, THE EXECUTIVE BOARD RESOLVES as follows:
Section 1. The Executive Board adopts the 2024 SKHHP Work Plan in Attachment A.
Section 2. The Executive Board adopts the 2024 SKHHP Operating Budget in Attachment B.
Section 3. Each party’s contribution to SKHHP’s operating budget will be transmitted on an
annual basis during the first quarter of the calendar year.
Section 4. This Resolution will take effect and be in full force upon approval by the legislative
body of each participating jurisdiction.
Dated and Signed this _____ day of _________________, 2023.
_________________________
NANCY BACKUS, CHAIR, SOUTH KING HOUSING AND HOMELESSNESS PARTNERS
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 2 of 7
RESOLUTION 2023-01 – ATTACHMENT A
SKHHP 2024 WORK PLAN
PURPOSE
Establish a 2024 SKHHP work plan and budget that is guided by Executive Board priorities, is
consistent with the SKHHP Interlocal Agreement, and furthers SKHHP’s mission.
BACKGROUND
Established by an interlocal agreement, SKHHP jurisdictions work together and share resources to
increase options for South King County residents to access affordable housing and preserve existing
affordable housing. The 2024 SKHHP work plan builds on work done in previous years and was
developed in collaboration with the Executive Board, Advisory Board, and staff work group.
The work plan is organized into four goals with corresponding objectives and action items. Each action
is identified by priority as follows:
• Higher – Identified as higher priority by Executive Board or is necessary to carry out the Interlocal
Agreements
• Medium – Identified as mid-level priority
• Lower – Identified as lower priority
Quarterly budget and progress reports on the status of the work plan elements will be submitted to the
SKHHP Executive Board and the legislative body of each member jurisdiction as follows:
Quarter 1: May | Quarter 2: August | Quarter 3: November | Quarter 4: February
In accordance with the Interlocal Agreement, the 2024 SKHHP work plan and budget will be approved
by the SKHHP Executive Board and the legislative body of each member jurisdiction.
SKHHP MISSION
South King County jurisdictions working together and sharing resources to create a coordinated,
comprehensive, and equitable approach to increasing housing stability, reducing homelessness, and
producing and preserving quality affordable housing in South King County.
GOALS & OBJECTIVES
Number Goal Objective
1 Fund the expansion and
preservation of affordable housing.
Coordinate public resources to attract
greater private and public investment for
affordable housing in South King County.
preserve affordable housing.
to promote sound housing policy.
County.
South King County needs at a local,
administration.
Interlocal Agreement requirements.
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 3 of 7
Goal 1
Fund the expansion and preservation of affordable housing.
Actions
Priority of Actions
••• = Higher
•• = Medium
facilitate conversations with member jurisdictions to identify and
explore dedicated sources of revenue for affordable housing at the
approval from participating Councils and preparing contract
annual guidelines, updating application materials, soliciting proposals,
Indicators
o
o
o
o
o
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 4 of 7
Goal 2
Develop policies to expand and preserve affordable housing.
Actions
Priority of Actions
••• = Higher
•• = Medium
• = Lower
homelessness topics, especially as they relate to the goals of the work
Indicators
o
o
o
o
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 5 of 7
Goal 3
Serve as advocate for South King County.
Actions
Priority of Actions
••• = Higher
•• = Medium
• = Lower
organizations and stakeholder groups to provide education and
engagement opportunities for elected officials and community
promote shared affordable housing goals and equitable geographic
that help advance SKHHP’s mission and provide a voice for increasing
Indicators
o
o
o
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 6 of 7
Goal 4
Manage operations and administration.
Actions
Priority of Actions
••• = Higher
•• = Medium
• = Lower
regular financial reports for the SKHHP Housing Capital Fund and SKHHP
Indicators
o
o
o
o
o
o
-------------------------------
Resolution No. 2023-01
May 19, 2023
Page 7 of 7
RESOLUTION 2023-01 – ATTACHMENT B
2024 SKHHP Operating Budget
Estimated beginning fund balance - January 1, 2024 $ 205,736
Estimated ending fund balance -December 31, 2024 $ 144,877
REVENUES Auburn $ 39,543
Burien $ 22,814
Covington $ 11,407
Des Moines $ 11,407
Federal Way $ 51,710
Kent $ 51,710
Maple Valley $ 11,407
Normandy Park $ 6,084
Renton $ 51,710
Tukwila $ 11,407
King County* $ 51,710
Additional King County* $ 23,290
Interest earnings $ 2,100
Office space (in-kind donation) $ 12,000
TOTAL REVENUES $ 358,299
Spend down balance $ 60,859
TOTAL $ 419,158
EXPENSES Salaries and benefits $ 305,344
Interfund IT $ 31,500
Advisory Board compensation $ 14,400
Office space (in-kind donation) $ 12,000
Other professional services/Misc. $ 6,400
Travel $ 5,250
Professional development $ 5,250
Supplies $ 2,000
Subtotal $ 382,144
Administering agency - 10% admin fee** $ 37,014
TOTAL $ 419,158
*King County contribution based on the population of unincorporated King County is shown as increasing at the same rate as other partner
jurisdictions and the additional allocation decreasing to maintain a total contribution of $75,000 per year.
**10% administrative fee is calculated as a percentage of operating costs which excludes in-kind donations and carry-forwards.