02/12/2018: "Affordable Housing Discussion Tuesday"
Tuesday (02-013-18) Mark Tompkins, Director of Health & Community Services & Ryan Page, the Affordable Housing Coordinator, will resent an Affordable Housing Report from the Housing Bank Commission for Council review and request input from the Council on the Draft Proposed 2018 Real Estate Excise Tax Administrative and Financial Plan, and if appropriate schedule a public hearing regarding the proposed funding measure.
The Housing Bank Commission reviewed, in depth, the pros and cons of each potential funding measure:
* Real Estate Excise Tax (RCW 82.46.075)
* Property Tax (RCW 84.55.050 & 84.52.105
*Sale Tax (RCW 82.14.530)
They identified the Real Estate Excise Tax, as the funding measure to recommend that the County Council move forward.
The work group was made up of individuals from many different County organizations, including members of the County Council, Town of Friday Harbor administration, San Juan County Departments of Community Development and Health & Community Services, the Opportunity Council, local school boards, community land trusts and five local business owners.