The Washington State Housing Trust Fund is a vital funding source in our state and we are at risk of losing this fund. We are re-posting information from the Washington Low Income Housing Alliance and urging you to write to your Senator.
Just before the end of the regular session, the House of Representatives approved the Senate Capital budget with an amendment to fund the Housing Trust Fund with $50 million. An investment of this size will create at least 1,500 jobs, generate $10.3 million in taxes for local governments, and bring in $28.7 million in income for local businesses. Now is a critical time to contact your Senator to urge support for this critical investment.
It is your advocacy that will ensure the Trust Fund is funded at $50 million. Many of the projects that are “in the pipeline” and ready to begin will build housing for those who can least afford it – families and individuals struggling with or leaving homelessness, the disabled, and seniors on fixed incomes. Many of these individuals and families only source of income is the small $339 per month cash grant from the GA-U program. This tiny amount allows these Washingtonians to afford the basics like housing and food.
The Housing Trust Fund is essential to providing housing for those who need it the most. The Senate needs to know that the Trust Fund not only creates jobs, but also creates a path out of homelessness for thousands of people throughout Washington.