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WA SB5587
Bill
Status
5/20/2025
Primary Sponsor
Annette Cleveland
Click for details
AI Summary
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Washington Center for Real Estate Research must analyze each county's existing housing units versus housing needs by income level (0-30%, 30-50%, 50-80%, 80-100%, 100-120%, and above 120% of area median income) starting October 15, 2026, and every two years thereafter
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Reports must track each county's progress in closing housing gaps and meeting emergency housing, emergency shelter, and permanent supportive housing needs
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Public works assistance grants and loans must now prioritize projects that encourage infill development or increase affordable housing in counties identified as having a gap between existing housing units and housing needs
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Maximum public works funding remains capped at $10,000,000 per jurisdiction per biennium
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Effective date: July 27, 2025; officially cited as the "affordable housing action act"
Legislative Description
Concerning affordable housing development in counties not closing the gap between estimated existing housing units within the county and existing housing needs.
Last Action
Effective date 7/27/2025.
5/20/2025