Skip to main content
Loading…
This section is included in your selections.

A. The city may use the moneys collected by the tax imposed under this chapter only for the following purposes:

1. Acquiring, rehabilitating, or constructing affordable housing, which may include new units of affordable housing within an existing structure or facilities providing supportive housing services under RCW 71.24.386; and

2. Providing the operations and maintenance costs of new units of affordable or supportive housing; and

3. Providing rental assistance to tenants.

B. The housing and services provided under this chapter may only be provided to persons whose income is at or below 60 percent of the median income of the city.

C. In determining the use of funds under this chapter, the city must consider the income of the individuals and families to be served, the leveraging of the resources made available, and the housing needs within the city.

D. The city must report annually to the Washington State Department of Commerce, in accordance with the Department’s rules, on the collection and use of the revenue from the tax imposed under this chapter.

E. The tax imposed by the city under this chapter will expire 20 years after the date on which the tax is first imposed unless extended by state law. (Ord. 2320 § 1, 2020).