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HomeMy WebLinkAbout071024 - Report due_ Affordable and Supportive Housing Sales and Use Tax ExpendituresALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them. 2024 reporting survey open now; Reports due Aug. 30 Having trouble viewing this email? View it online <https://links-2.govdelivery.com/CL0/https:%2F%2Fcontent.govdelivery.com%2Faccounts%2FWADOC%2Fbulletins%2F3a763aa/1/010101909d5552ea-fcdcc809-150d-46 06-9525-c2a57a996b2a-000000/glaGC17lFHsrycArqNX3FT_OOvKQ2P_Z25ukowNjkYo=361> <https://content.govdelivery.com/attachments/fancy_images/WADOC/2020/01/3075461/logo-rgb-250x90_original.png> july 10, 2024 Report due Aug. 30 Affordable and Supportive Housing Sales and Use Tax Expenditures report survey now open Background The 2019 Encouraging Investments in Affordable and Supportive Housing Act (RCW 82.14.540 <https://links-2.govdelivery.com/CL0/https:%2F%2Fapp.leg.wa.gov%2Frcw%2Fdefault.aspx%3Fcite=82.14.540/1/010101 909d5552ea-fcdcc809-150d-4606-9525-c2a57a996b2a-000000/yOnzQcQjuqtXIkUCSsMU8h1GMUMRY6tPZzXRI-ZjX90=361> ) authorized a state-shared local tax for investments in affordable and supportive housing. Affordable and Supportive Housing Sales and Use Tax revenues can be used for many affordable housing activities to benefit households with incomes at 60% or less of the Area Median Income, including new construction, acquisition and preservation/rehabilitation. Some jurisdictions may also use the revenues to provide rent assistance for income-eligible households and for administrative costs. Counties and cities receiving revenues from the Affordable and Supportive Housing Sales and Use Tax must report annually to the Department of Commerce on the collection and use of those revenues. Action requested Commerce asks that jurisdictions receiving Affordable and Supportive Housing Sales Tax distributions to submit an expenditure and assistance report. An online survey is provided for reporting. * View survey instructions <https://links-2.govdelivery.com/CL0/https:%2F%2Fdeptofcommerce.app.box.com%2Fs%2Fgci7061th4pqetan984xf4w6u0rf9fh7/1/010101909d5552ea-fcdcc809-150d-4606-9525-c2a57a996b2a-0 00000/upG8E4JoS1Xnh3oJc9rAwwYc5yqv2-RTPKWHtPIRZ_I=361> (Box PDF) * Go to survey form online <https://links-2.govdelivery.com/CL0/https:%2F%2Fforms.office.com%2FPages%2FResponsePage.aspx%3Fid=F-LQEU4mCkCLoFfcwSfXLTUMwHLsv79EtmvroyJ7vcBUNVpTMVdDMVhZSE1QQVdRSFBCQzJBU 1RTOC4u/1/010101909d5552ea-fcdcc809-150d-4606-9525-c2a57a996b2a-000000/l1csD4smZ9vMBAgBSvm00DYV_H7IVbYH1GeURTbK7vA=361> to complete your 2024 Affordable and Supportive Housing Sales and Use Tax Expenditures report Please complete your survey report by Friday, Aug. 30, 2024. Questions? Email Camille Gix at camille.gix@commerce.wa.gov <mailto:camille.gix@commerce.wa.gov> , Policy Coordinator, for assistance. Additional information A detailed description of the Legislature’s reporting requirements and previous reports prepared by Commerce are available online. 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