Washington Senate's proposed budget includes 5 million for affordable housing projects

On Monday morning, the Washington Senate proposed a $7.9 billion capital budget that would allocate $625 million toward more affordable housing, de...

March 26, 2023
7:18 AM

On Monday morning, the Washington Senate proposed a $7.9 billion capital budget that would allocate $625 million toward more affordable housing, developments near transit, and landlord mitigation assistance. The 2023-2025 capital budget underscores the state's building spending for the next two years and covers areas from housing, higher education, environmental protection, and human services. The proposal also includes $400 million in grants and loans through the Housing Trust Fund . Other funding would go toward: The budget will also invest in natural resource projects that address water quality and supply, salmon recovery, state parks and air quality, among others.

Mia Ryder-Marks