BILL · 2017–18 SESSION

HB 2711: Housing opportunity zones

Concerning the creation of housing opportunity zones by cities.

Summary

  • Creates a process for the designation and development of Housing Opportunity Zones (HOZs).
  • Exempts certain developments within HOZs from certain development regulations and fees.
  • Allows jurisdictions to request reimbursement of development fees and certain other costs from a new account funded with a new document recording surcharge.
  • Allows residential development within HOZs to qualify for local multifamily property tax exemptions.

From the House Bill Analysis 2018 (HB 2711), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2018
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Cindy Ryu (D-32)
Introduced
January 12, 2018 in the House
Last action
January 12, 2018
Budget
Has a fiscal note

AN ACT Relating to enabling Washington cities to encourage residential development around transit;

Sponsors

Prime sponsor: Cindy Ryu (D-32)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Community Development, Housing & Tribal Affairs (Not Officially read and referred until adoption of Introduction report).

HB 2711 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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