Tag: Supportive Housing

7
Aug

Take Advantage of Revenue for Affordable Housing

In 2019 the Legislature approved (HB 1406) a local revenue sharing program for local governments by providing up to a 0.0146% local sales and use tax credited against the state sales tax for housing investments, available in increments of 0.0073%, depending on the imposition of other local taxes and whether cities within your county also take advantage. The tax credit is

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13
Apr

Affordable and Supportive Housing

One of the bills that we have been strongly supportive of this session, SHB 1406, currently sits in the Ways & Means Committee. This bill would authorize local governments to enter into a revenue-sharing partnership with the state for affordable housing over a period of 20 years so as to allow the funds to be bonded. The revenue sharing mechanism

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