Increasing opportunities for tenants to own homes under eventual tenant ownership programs.

The bill adds provisions to the Washington State Housing Finance Commission's duties, focusing on tenant ownership programs funded by the federal low-income housing tax credit. It mandates that the commission inform tenants of their rights and responsibilities, and ensure they have options for ownership or rent-to-own. The commission must also monitor the progress of these programs and post results on its website.

Increasing opportunities for tenants to own homes under eventual tenant ownership programs.

The bill adds provisions to the Washington State Housing Finance Commission's duties, focusing on tenant ownership programs funded by the federal low-income housing tax credit. It mandates that the commission inform tenants of their rights and responsibilities, and ensure they have options for ownership or rent-to-own. The commission must also monitor the progress of these programs and post results on its website.