HomeMy WebLinkAbout081624 - REPORT DUE REMINDER_ 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 reports due Aug. 30
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aug. 16, 2024
REMINDER: TWO MORE WEEKS!
Affordable and Supportive Housing Sales and Use Tax Expenditures REPORTS DUE AUG. 30
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
915bb723ba-9d599a0c-07b7-4c39-9297-2c56ff7a2607-000000/Y-bcat194R1SbxY6UDVbB9bsQ_4glob6mGYv_Ipn60w=366> ) 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%2Fgci7061th4pqetan984xf4w6u0rf9fh7/1/010101915bb723ba-9d599a0c-07b7-4c39-9297-2c56ff7a2607-0
00000/E6jDar6OpSqkIcjLWQBQ7OUGg76IvJUFcIUVXzL52as=366> (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/1/010101915bb723ba-9d599a0c-07b7-4c39-9297-2c56ff7a2607-000000/IRPTUS7uHmwZNA1-X2Mj67mtWNTuU6PCQHTY7se1wwg=366> to complete your 2024 Affordable and Supportive Housing Sales
and Use Tax Expenditures report
DEADLINE
Participating jurisdictions must 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.
Learn more <https://links-2.govdelivery.com/CL0/https:%2F%2Fwww.commerce.wa.gov%2Fbuilding-infrastructure%2Fhousing%2Faffordable-and-supportive-housing-sales-and-use-tax%2F/1/010101915bb723ba-9d599a0
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