Housing Emergency Declared in Washington State Metro – NMP Skip to main content

Housing Emergency Declared in Washington State Metro

Apr 13, 2016
For the second time this month, a U.S. city has declared a local housing emergency in order to force new initiatives to stop the evaporation of affordable housing opportunities

For the second time this month, a U.S. city has declared a local housing emergency in order to force new initiatives to stop the evaporation of affordable housing opportunities.

According to a KOIN.com report, the city council in Vancouver, Wash., voted to declare a housing emergency for local low-income households. Vancouver is the fourth largest city in Washington, and the council’s vote is seen as the first step in a process that will bring about a ballot referendum for a new affordable housing property tax.

Mayor Tim Leavitt supported the initiative and noted the city’s rent levels increased 11 percent in the past year and 38 percent in the past four years. The mayor also acknowledged Vancouver’s struggles in dealing with a homeless population.

“The challenge is … how do we address this issue as a community,” Leavitt said.

The Vancouver declaration is the second time this month that a city council voted to declare a housing emergency. Last week, the city council in Oakland, Calif., declared a local housing emergency and a 90-day moratorium on certain rent increases.

About the author
Published
Apr 13, 2016
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026