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Pasco reviews draft policies to govern HB 14‑06 affordable‑housing funds
Summary
Staff presented a draft policies and procedures manual for administering House Bill 14‑06 funds, saying the city has received about $604,000 to date and expects roughly $100,000 annually; the manual would limit assistance to households at or below 60% of area median income and require 30‑year affordability for assisted projects.
City staff presented a draft policies and procedures manual to administer funds the city has received under House Bill 14‑06. CDBG administrator Kristen Webb and other staff said HB 14‑06 allows cities to retain a portion of state sales and use tax distributions for affordable housing and that eligible uses include acquisition, rehabilitation, construction, rental assistance and supportive housing.
Webb told the council the funds are restricted by state law to benefit households earning 60% or less of area median income and that projects receiving assistance generally must remain affordable for a minimum of 30 years. Staff said the city "has already received, again, approximately 604000 in house full 14 0 6 revenue since the program began and anticipates receiving approximately a $100,000 annually." A council member asked for clearer examples of how the money would be used and raised concerns about the scale of funding; a later council comment referenced a different figure (approximately $6,700,000), creating an inconsistency in the transcript that staff should clarify before formal adoption. Staff said applications and projects would be brought to council for approval and that the funding is often used as match for larger projects.
Because the item was discussed at a workshop, no formal adoption occurred; council members signaled support for returning with a finalized manual and application process that includes reporting on how funds are awarded and used.
