Everyone should have a safe, stable place to call home. Stable and safe housing helps kids learn. It helps families stay together and younger adults stay in their home community. It helps ensure a healthy workforce and households that have money left to spend in their local economy. It helps communities stay resilient.
Washington faces both unprecedented opportunities and enormous risks. The Governor’s proposal to secure $4 billion for affordable housing moves us toward the scale of investment we need.
At the same time, the state is facing a loss of up to 50% of funds dedicated to addressing homelessness. Because of the slowdown in real estate activity, document recording fee collection is much lower than needed. This is the state’s main source of funding for all homelessness services. If the operating budget doesn’t make up the difference, every county in the state will experience a significant reduction in homelessness funding starting this July. With a growing crisis and an already underfunded homelessness prevention sector, cuts are unacceptable.
Solving homelessness and the affordable housing crisis will take investments that match the scale of the challenge. The final budgets must include the bold investments we need.
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