Could This Impact Affordable Housing In Central Washington? ~~
At issue is a state law passed in April that allows cities and counties to keep a portion of state sales-and-use tax revenues to build affordable housing for 20 years. Qualifying local jurisdictions can keep up to .0146 percent of the state’s 6.5 percent sales tax collected within their boundaries for that purpose.
The city of Tacoma appears to have mended fences with Pierce County over a controversy involving tax revenue being made available to address the affordable housing crisis.
The City Council this week took action to redo an ordinance that county officials complained would cost their government as much as $10 million in affordable housing funds.
“We’re just giving ourselves an opportunity to maximize the amount the county can collect which helps us all in this affordable housing crisis,” Tacoma’s Mayor Victoria Woodards said Tuesday.
County Council member Marty Campbell said he was grateful that city decided to play ball.
“I think we had a few stumbles along the way, but I’m glad to see we are leveling out. I wanted to send thanks to the City of Tacoma for working with us,” Campbell said at Tuesday’s County Council meeting. “I know that they’ve stepped up and looked at the needs of the entire county.” (READ MORE)