Washington SB6027 modifies funding and exemptions for affordable housing and related services, including tax rates and distribution.

Washington SB6027 modifies certain funding and exemptions related to providing and maintaining affordable housing and related services. It sets a sales and use tax rate of up to 0.1 percent, with funds distributed to counties and cities for homeless housing plans and supportive housing programs. The bill also outlines exemptions for certain property transfers and specifies uses for collected funds, including housing acquisition, maintenance, and supportive services for low-income households.

Washington SB6027 modifies funding and exemptions for affordable housing and related services, including tax rates and distribution.

Washington SB6027 modifies certain funding and exemptions related to providing and maintaining affordable housing and related services. It sets a sales and use tax rate of up to 0.1 percent, with funds distributed to counties and cities for homeless housing plans and supportive housing programs. The bill also outlines exemptions for certain property transfers and specifies uses for collected funds, including housing acquisition, maintenance, and supportive services for low-income households.