Thursday, March 22, 2007

WA Housing Opportunities Legislation Passed

Gov. Gregoire signed HB 1025 awarding $71 million in infrastructure loans to 19 communities across Washington. Public Works Trust Fund helps local governments finance critical public works projects, such as bridges, roads and sewers.

REALTORS® made HB 1025 a priority as it helps supply the needed framework for building better communities. The funds will support infrastructure projects in the cities of Airway Heights, Blaine, Bremerton, Mattawa, Port Angeles, Snohomish, Toppenish, Walla Walla, Yakima and the town of Friday Harbor; Chelan and Cowlitz County; Cross Valley, East Wenatchee and Grays Harbor County Water Districts and the Lake Stevens Sewer District.

This measure will help increase home choices available to meet demand. We are also working on amendments for other legislation moving through the process that will incorporate concepts embodied in our jobs/housing balance and performance measures legislation to ensure counties plan for enough homes within the regional housing market sufficient for the increase of jobs, and adopt performance measures to find out whether we are meeting the needs of growing communities.

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