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JumpStart Passes!

Yesterday, my Council colleagues and I voted unanimously to pass the final two pieces of JumpStart Seattle progressive revenue legislation! These bills comprise the JumpStart Seattle spending plan, which includes immediate COVID relief for Seattle’s families and small businesses, and long-term economic revitalization by investing in affordable housing and essential city services. 
This detailed spend plan passed yesterday follows up the passage of the JumpStart Progressive Revenue tax on Monday, July 6, 2020. Yesterday’s vote enacted a robust COVID relief bill and spending plan resolution
With a new progressive revenue and a detailed spending plan that prioritizes food security for low-income families, Green New Deal policies, small business support, and new resources for our homeless neighbors and immigrant and refugee community, we are ready to truly JumpStart Seattle’s economy by ensuring our most vulnerable residents are not left behind during this pandemic and we build a more resilient economy as we recover. Past recessions have proven that when governments invest in small business, housing and food assistance, and support our most vulnerable – instead of imposing cuts and austerity – local economies can weather crises in a more equitable way, and local economies rebound faster. The return on our investments is proven, the multiplier effect is clear, when we invest in our community and most vulnerable, our economy will recover quicker and be more resilient.

Watch my comments on the passage of the spend plan here, on the broad call from community for solutions and leadership, and why action to support our community is needed NOW:

JumpStart Will Provide Relief and Resilience to Our Community

The COVID-19 Relief Bill centers our community’s immediate needs as a result of this pandemic and economic crisis by investing $86 million back into the community. This includes a COVID relief fund for small businesses weathering an unprecedented COVID recession, expansion of food vouchers to help those struggling to feed their families, rental assistance and funding to de-intensify the city’s shelter space, and support for our immigrant and refugee neighbors, many of whom have been denied state and federal COVID relief because of their immigrant status.

In 2021, the City would use the revenue to replenish the city’s emergency funds, while preserving city services, and supporting low-income, immigrant and homeless residents. 

The JumpStart Seattle spending plan resolution covers spending in 2022 and beyond with the goal of economic recovery and resiliency. Long-term, the spending plan details how the city would invest an estimated $214+ million from the progressive revenue tax.

The majority, 62 percent, would go toward housing including low-income and affordable housing, affordable homeownership programs, and a community-focused investment fund for housing that addresses Seattle’s legacy of discriminatory policies, such as redlining & racist covenants, that have harmed Seattle’s long-time Black, Indigenous, & POC communities.

Fifteen percent of the spending is earmarked for small business assistance and worker training, including funding for equitable economic recovery prioritizing small business support, ensuring a just transition for workers and centering the city’s equity values. 

The rest is allocated for Green New Deal programs, including funding to stand up the GND Advisory Committee and invest in those most impacted by climate change, community-led development projects through the city’s Equitable Development Initiative, and administrative costs. 

JumpStart Was a Collective Effort

Thank you to the dozens of organizations that collaborated on crafting this legislation and getting it over the finish line: from MLK Labor to Mazaska Talks; Molly Moon’s to Muslim Housing Services, and many, many more—there would be no JumpStart without you! For the long list of the organizations we worked with on JumpStart, click here.
In solidarity,
Teresa Mosqueda
#BlackLivesMatter

Seattle City Council Councilmember, Position 8
teresa.mosqueda@seattle.gov
206-684-8806
Copyright © 2020 Seattle City Council, All rights reserved.


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