2024 reports due Aug. 30
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aug. 16, 2024
*REMINDER: TWO MORE WEEKS!*
Affordable and Supportive Housing Sales and Use Tax Expenditures *REPORTS DUE AUG. 30*
*Background*
The 2019 Encouraging Investments in Affordable and Supportive Housing Act (RCW 82.14.540 [ [link removed] ]) authorized a state-shared local tax for investments in affordable and supportive housing.
Affordable and Supportive Housing Sales and Use Tax revenues can be used for many affordable housing activities to benefit households with incomes at 60% or less of the Area Median Income, including new construction, acquisition and preservation/rehabilitation. Some jurisdictions may also use the revenues to provide rent assistance for income-eligible households and for administrative costs.
Counties and cities receiving revenues from the Affordable and Supportive Housing Sales and Use Tax must report annually to the Department of Commerce on the collection and use of those revenues.
*Action requested*
Commerce asks that jurisdictions receiving Affordable and Supportive Housing Sales Tax distributions to submit an expenditure and assistance report. An online survey is provided for reporting.
* View survey instructions [ [link removed] ] (Box PDF)
* Go to survey form online [ [link removed] ] to complete your 2024 Affordable and Supportive Housing Sales and Use Tax Expenditures report
*DEADLINE*
*Participating jurisdictions must report* *by Friday, Aug. 30, 2024*.
*Questions?*
Email Camille Gix at
[email protected], Policy Coordinator, for assistance.
*Additional information*
A detailed description of the Legislature’s reporting requirements and previous reports prepared by Commerce are available online.
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About Commerce
Commerce works with local governments, businesses, community-based organizations and tribes to strengthen communities. The department’s diverse portfolio of more than 100 programs and effective public and private partnerships promote sustainable community and economic development to help all Washingtonians thrive. For more information, visit [link removed]. For information on locating or expanding a business in Washington, visit choosewashingtonstate.com [ [link removed] ].
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