1 / 14

Relating to low-income and homeless housing assistance surcharges

HB 2048. Relating to low-income and homeless housing assistance surcharges. Representative Phyllis Gutierrez Kenney. HB 2048. Changes the Homeless Housing and Assistance Act document recording surcharge to: $40 through June 30, 2015 $30 from July 1, 2015, to June 30, 2017, and

naasir
Download Presentation

Relating to low-income and homeless housing assistance surcharges

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HB2048 Relating to low-income and homeless housing assistance surcharges Representative Phyllis Gutierrez Kenney

  2. HB2048 • Changes the Homeless Housing and Assistance Act document recording surcharge to: • $40 through June 30, 2015 • $30 from July 1, 2015, to June 30, 2017, and • $10 beginning on July 1, 2017 • Adds requirements to local governments and the Department of Commerce related to housing vouchers paid for with document recording fees.

  3. Number of People Who are Homeless in Washington • 91,100 – people who are homeless during the course of the year • 75,300 – people provided temporary housing assistance • 15,800 – people who cannot be served due to limited resources

  4. Number of Kids in Washington Who are Homeless OSPI reports 21,800 homeless students during the last school year – up 56.5%since 2005. On any given day, there are 3,388 homeless families with children

  5. What Will Happen if We Do Nothing? Data from Dep. of Commerce 4/6/11

  6. …With the Following Result The Department of Commerce projects a 25% increase in 11-13 and a 219%increase in 13-15 in the number of homeless people who cannot receive services due to funding.

  7. It’s Only Getting More Difficult to Find Affordable Housing

  8. What is the Solution? Data from Dep. of Commerce 4/6/11

  9. What about the local level? Data from Dep. of Commerce 4/6/11

  10. Increase in Home Prices Compared to Recording Fees

  11. Why Do We Rely on Fees?

  12. Why Focus on Vouchers? In the right circumstances, vouchers can provide an efficient and cost-effective option for providing housing assistance to very-low income and homeless households

  13. Document Recording Fees already Go Towards Vouchers • State Portion of Recording Fee Dollars • 39% of Commerce managed document recording fees are dedicated to project-based leasing or tenant-based rent assistance. • Local Portion of Recording Fee Dollars • 41% of reported locally retained document recording fees are dedicated to project-based leasing or tenant-based rent assistance.

  14. HB 2048 Gives landlords the opportunity to “opt-into” an interested landlord list that local governments and contractors distribute Improves communication between local governments, agency providers, and interested landlords Emphasizes data tracking and reporting to better measure the benefits of vouchers Advances public-private partnerships in affordable housing

More Related