5466-S.E AMH BARK SERE 117
ESSB 5466 - H AMD TO H AMD (H-1915.2/23) 677
By Representative Barkis
NOT CONSIDERED 01/02/2024
On page 2, line 17 of the striking amendment, after "requiring" strike "100" and insert "30"
On page 2, line 19 of the striking amendment, after "below" strike "60" and insert "80"
On page 2, line 20 of the striking amendment, after "below" strike "80" and insert "100"
On page 2, line 27 of the striking amendment, after "(a)" insert "Have a high concentration of units affordable to households with incomes at or below 60 percent area median income;
(b)"
Renumber the remaining subsections consecutively and correct any internal references accordingly.
| EFFECT: Changes the eligibility criteria for the new competitive grant program to projects requiring 30 percent (instead of 100 percent) of units to be affordable at or below 80 percent (instead of 60 percent) area median income (AMI) for rental, shelter, or permanent supportive housing projects and 100 percent (instead of 80 percent) AMI for homeownership projects. Requires projects that have a high concentration of units affordable to households with incomes at or below 60 percent AMI to be prioritized for grant funding. |
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