SB 6013- Expanding the homeownership development property tax exemption to include real property sold to low-income households for building residences using mutual self-help housing construction
Expanding the homeownership development property tax exemption to include real property sold to low-income households for building residences using mutual self-help housing construction.
Sponsors: Shewmake, Dhingra, Kuderer, Saldaña
Summary
- Exempts a nonprofit entity for the purpose of selling the real property to a low-income household who enters into an agreement with the nonprofit to build through a qualified mutual self-help housing program, a residence on the real property.
- Clarifies that the exemption expires at the date of title transfer to a low- income household.
RENT CONTROL .........Take Action on HB 2114 and SB 5961
HB 2114 Link: https://app.leg.wa.gov/billsummary?billnumber=2114&year=2024
SB 5961 Link: https://app.leg.wa.gov/billsummary?BillNumber=5961&Chamber=Senate&Year=2023
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SB 5961 Link: https://app.leg.wa.gov/billsummary?BillNumber=5961&Chamber=Senate&Year=2023
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