On February 18, Mayor Katie Wilson signed CB 121093 and CB 121135 into law, streamlining SEPA review for infill residential and mixed-use development citywide. MBAKS staff were invited to attend the bill signing and provide brief remarks — an encouraging sign of early collaboration with the new administration.

The event was recorded by Seattle Channel.

A Strong Start

As Seattle enters a new chapter of leadership, MBAKS is focused on partnering to create productive, solutions-oriented outcomes. Being included in this milestone reflects the ongoing dialogue between our association and the Mayor’s Office around housing supply, affordability, and regulatory modernization.

Housing outcomes improve when policymakers and housing providers work together. Early engagement helps ensure policy is practical, predictable, and effective.

What the Legislation Does

CB 121093 exempts qualifying residential and mixed-use development from project-level SEPA review until the City’s residential growth targets are met. After that, fallback thresholds exempt residential projects of up to 200 dwelling units citywide.

The reform reduces duplicative review while maintaining environmental protections already required under Washington’s Growth Management Act and the Shoreline Management Act, along with Seattle’s existing land use and critical areas regulations.

Continuing the Work

MBAKS testified in support of the legislation at the February 4 Land Use Committee hearing and submitted a formal letter of support.

We appreciate the Mayor and Council’s leadership and look forward to continuing our partnership with the administration to advance balanced policies that expand housing opportunities across Seattle.

Making home happen requires collaboration — and this is a strong step forward.

By MBAKS Senior Policy Analyst Allison Butcher

King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.

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Contact: data@mbaks.com

Significant changes are evident in the building permit landscape for the Seattle Metro Area, encompassing King, Snohomish, and Pierce counties, based on data as of November 2023. Single-family permits total 5,501, reflecting a year-to-date (YTD) decrease of 20% compared to the same period in 2022. Concurrently, multifamily permits stand at 10,175, indicating a more substantial YTD decline of 44% compared to the previous year. These figures underscore a notable downturn in both single-family and multifamily permits.

Read the full January Builders Bulletin: