CERTIFICATION OF ENROLLMENT

 

                   SUBSTITUTE HOUSE BILL 2189

 

 

 

 

 

 

                        55th Legislature

                      1997 Regular Session

Passed by the House April 21, 1997

  Yeas 98   Nays 0

 

 

 

Speaker of the

      House of Representatives

 

Passed by the Senate April 10, 1997

  Yeas 42   Nays 0

             CERTIFICATE

 

I, Timothy A. Martin, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE BILL 2189  as passed by the House of Representatives and the Senate on the dates hereon set forth.

 

 

 

President of the Senate

                          Chief Clerk

 

 

Approved Place Style On Codes above, and Style Off Codes below.   

                                FILED

          

 

 

Governor of the State of Washington

                   Secretary of State

                  State of Washington


          _______________________________________________

 

                    SUBSTITUTE HOUSE BILL 2189

          _______________________________________________

 

             Passed Legislature - 1997 Regular Session

 

                     AS AMENDED BY THE SENATE

                                

State of Washington      55th Legislature     1997 Regular Session

 

By House Committee on Trade & Economic Development (originally sponsored by Representatives McDonald, Van Luven, Veloria and Cooke)

 

Read first time 03/05/97.

  Creating a task force to study alternative financing techniques for the development and renovation of low-income senior housing developments.   


    AN ACT Relating to financing needs for senior housing; creating new sections; and providing an expiration date.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    NEW SECTION.  Sec. 1.  The legislature finds that the availability of safe and affordable housing is vital to low-income senior citizens and persons with disabilities.  The legislature further finds that the availability of low-cost financing is necessary for the development or preservation of housing for seniors and persons with disabilities.  The legislature further finds that many existing housing developments for seniors and persons with disabilities are in need of renovation.  The legislature further finds that there is a need to explore alternative financing techniques to cover the cost of development or renovation of housing for seniors and persons with disabilities.  It is the intent of the legislature to create the task force on financing housing for seniors and persons with disabilities to explore alternative financing techniques for the development and renovation of housing developments in Washington for low-income seniors and persons with disabilities.

 

    NEW SECTION.  Sec. 2.  (1) There is created the task force on financing senior housing and housing for persons with disabilities to consist of thirteen members.  The task force consists of the following members:

    (a) The director of the department of community, trade, and economic development or the director's designee, who serves as an ex officio member and as chair;

    (b) The executive director of the Washington state investment board or the director's designee, who serves as an ex officio member;

    (c) The executive director of the Washington state housing finance commission or the director's designee, who serves as an ex officio member;

    (d) Four representatives from organizations involved in the management of senior housing developments, one of which must be from an organization involved in the ownership of senior housing developments;

    (e) Three representatives from financial institutions involved in financing senior housing developments, one of which must be from an investment and banking firm involved in financing federally insured senior housing developments;

    (f) One representative from a mobile home owners association that represents seniors;

    (g) One representative from a mobile home park owners association; and

    (h) One representative from a public housing authority.

    (2) The director of the department of community, trade, and economic development shall appoint all nonex officio members to the task force on financing senior housing and housing for persons with disabilities.  The vice-chair of the task force is selected by majority vote of the task force members.  The members of the task force on financing senior housing and housing for persons with disabilities serve without compensation.

    (3) The department of community, trade, and economic development, the Washington state investment board, and the Washington state housing finance commission shall supply such information and assistance as is necessary for the task force on financing senior housing and housing for persons with disabilities to carry out its duties under section 3 of this act.

    (4) The department of community, trade, and economic development, the Washington state investment board, and the Washington state housing finance commission shall provide administrative and clerical assistance to the task force on financing senior housing and housing for persons with disabilities.

 

    NEW SECTION.  Sec. 3.  The task force on financing senior housing and housing for persons with disabilities shall:

    (1) Review financing needs for housing for low-income seniors and persons with disabilities in the state of Washington;

    (2) Review existing federal and state programs and incentives designed to assist in the construction of new facilities or renovation of existing housing facilities for seniors and persons with disabilities;

    (3) Review programs and techniques designed to assist in the construction of new facilities or renovation of existing housing facilities for seniors and persons with disabilities in other states and countries;

    (4) Make recommendations on possible financing techniques that could be developed at the state level to assist in meeting financing needs for construction of new facilities or renovation of existing housing facilities for seniors and persons with disabilities;

    (5) By December 15, 1997, prepare and submit to the house of representatives committee on trade and economic development, and the senate committee on financial institutions, insurance and housing, a report detailing its findings and recommendations regarding financing techniques designed to assist in the construction of new facilities or renovation of existing housing facilities for seniors and persons with disabilities.

 

    NEW SECTION.  Sec. 4.  This act expires February 1, 1998.

 


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