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Washington signs capital and operating budgets and a package of bills including major housing investments
Summary
State leaders held a bill-signing ceremony in Olympia, enacting the capital and operating budgets and a set of bills that include $960 million in biennial affordable-housing investments, changes to tax treatments for energy and data centers, and updates to retirement and childcare programs.
State leaders in Olympia signed a series of bills and the capital and operating budgets during a ceremonial session, highlighting what the presenter described as the largest state-funded affordable-housing investment in a single biennium.
The presenter said, “This bipartisan budget bill, Senate Bill 6003, invests more than $200,000,000 in affordable housing across our state,” and noted that the package brings Washington’s total affordable-housing investment for this biennium to $960,000,000. The presenter also identified targeted allocations including $123,000,000 to the Housing Trust Fund and $9,000,000 for farmworker housing, plus $1,000,000 to replace 25 flood-damaged trailers in Chelan County.
Why it matters: the capital budget’s housing funding and the operating budget’s line items aim to address persistent housing shortages and basic services amid a multi-billion-dollar shortfall in state finances. The presenter framed the…
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