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Regional Housing Council endorses reintroduction of Affordable Homes Act, will send letter to delegation
Summary
The Thurston County Regional Housing Council voted Jan. 22 to approve a letter urging state lawmakers to reintroduce the Affordable Homes Act and authorized sending the letter to Representative Doleo, Senator Bateman and Lisa Partially.
The Thurston County Regional Housing Council voted unanimously Jan. 22 to approve a letter encouraging the reintroduction of the Affordable Homes Act and authorized sending the letter to Representative Doleo, Senator Bateman and Lisa (last name as recorded in packet: Partially).
Jacinda Stelches of the City of Olympia summarized the proposal and the rationale. She said the Affordable Homes Act — introduced in the prior session but not advanced — would create a permanent funding source for the Washington State Housing Trust Fund by increasing the real-estate excise/transfer tax. Stelches told the council the trust fund is a highly competitive statewide program that subsidizes affordable-homeownership and multifamily rental projects;…
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