1406 will allow communities to keep a portion of the state sales tax that they already collect to invest in local affordable housing needs. - Smaller communities will gain a rare source of local funds to leverage state and federal dollars, and the flexibility to use them for rental assistance.
- 1406 has bipartisan support in the House and was fully funded in the House budget, but not in the Senate budget despite bipartisan support there as well.
- 1406 requires investments into housing for people earning between 0 and 60% of the AMI. This means that sales tax resources will be targeted to the lowest income residents in our community, thereby making the sales tax a little more equitable.
1406 has strong champions and plenty of support from cities and counties, but it’s vulnerable to the budget negotiations. Your Representatives need your encouragement to stay strong during budget negotiations and keep it funded at $69 million. Your Senator needs to hear that you want this bill fully funded and passed before the session ends on April 28th. Please take action today. With your voice and support, we’ve accomplished so much for the housing justice agenda this session. From eviction reform and more notice for rent increases to increasing density without gentrification, we all will have important new tools to build affordable housing and combat homelessness in years to come. With just two weeks of session remaining, the fight will turn to the budget – and with your help, we can ensure this work receives the resources it needs. We’re so close. Thank you for taking action today. Michele Michele Thomas Director of Policy and Advocacy |