Section 365-240-020 - Authorized uses of tax revenueCounties and cities may use tax revenue for:
(1) Acquiring, rehabilitating, or constructing affordable housing, which may include new units within an existing structure or facilities providing supportive housing services under RCW 71.24.385 (behavioral health organizations);(2) Operations and maintenance costs of new units of affordable or supportive housing;(3) Providing rental assistance to tenants that are at or below 60 percent of the area median income of the county or city that is imposing the tax; or(4) Administrative costs of the county or city associated with administering this section, which may not exceed 10 percent of the annual tax distributed to the jurisdiction under this section.Wash. Admin. Code § 365-240-020
Adopted by WSR 20-09-064, Filed 4/13/2020, effective 5/14/2020Amended by WSR 24-04-016, Filed 1/26/2024, effective 2/26/2024