SSB 6347, Sen. Keith Wagoner (R-Sedro-Woolley), would expand a property tax exemption program for developers who build multifamily housing in urban centers. The substitute bill that passed out of the Senate expanded eligibility for the program to all cities or towns until July 2021. After that date, program eligibility would revert to cities with a population of 15,000 or greater, or for smaller cities planning under the Growth Management Act.
AWC supports the expansion of this program to all cities as an important tool for developing more affordable housing.