Sallie Lin

Stoel Rives LLP

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Latest Posts › Affordable Housing

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New Bill Exempts Real Estate Excise Tax for Real Property Sales or Transfers for Affordable Housing

The Washington legislature recently passed a bill expanding affordable housing tax exemptions. HB 1643 was signed into law by Governor Inslee on March 30, 2022 and will exempt from the real estate excise tax a sale or...more

4/29/2022 / Affordable Housing , Construction Industry , Excise Tax , Housing Developers , Real Estate Development , Residential Real Estate Market , Washington

Affordable Housing Law Alert: Revival of the Density Bonus Law – Affordable Housing to the Rescue?

Since the onset of COVID-19, the global landscape has been turned upside down, bringing to light various social issues that have long been plaguing various communities throughout the country. Social issues such as...more

9/16/2020 / Affordable Housing , Coronavirus/COVID-19 , Eviction , HUD , Low-Income Issues , Moratorium , Public Housing , Public Housing Authorities , Relief Measures

Washington Department of Revenue Issues Special Notice Interpreting SHB 2384 on Property Tax Exemption for Affordable Housing

In our previous legal alert here, we discussed the changes that SHB 2384 made to the property tax exemption for nonprofit family housing under RCW 84.36.560. On June 11, 2020, the Washington Department of Revenue (the...more

8/21/2020 / Affordable Housing , Nonprofits , Washington

Washington Lawmakers Pass Bills Expanding Property and Excise Tax Exemptions for Affordable Housing—Property Tax Bill Survives

The Washington legislature recently passed two bills expanding affordable housing tax exemptions. Governor Inslee signed SHB 2384, revising the property tax exemption for low-income housing. He vetoed SHB 2634 that would have...more

5/11/2020 / Affordable Housing , Housing Market , Low-Income Issues , Real Estate Development , Urban Planning & Development

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