BILL · 2025–26 SESSION · LATEST VERSION 2SHB 1696

HB 1696: Covenant homeownership prg.

Modifying the covenant homeownership program.

Summary

  • Modifies the Covenant Homeownership Program by raising the area median income threshold for eligibility to 120 percent, authorizing full loan forgiveness under certain circumstances, and modifying one of the membership positions on the oversight committee.

From the Second Substitute House Bill Report (2SHB 1696), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 143, Laws of 2025
  1. IntroducedJan 29, 2025
  2. Out of committeeFeb 28, 2025
  3. Passed HouseMar 6, 2025
  4. Passed SenateApr 14, 2025
  5. GovernorApr 22, 2025
  6. LawApr 22, 2025
Prime sponsor
Jamila Taylor (D-30)
Introduced
January 29, 2025 in the House
Last action
April 22, 2025
Session law
Chapter 143, Laws of 2025
Budget
Has a fiscal note
Versions
HB 1696, SHB 1696, 2SHB 1696

AN ACT Relating to modifying the covenant homeownership program by adjusting the area median income threshold for program eligibility, introducing loan forgiveness, and modifying the oversight committee membership;

Sponsors

Votes

House · 3rd Reading & Final Passage

Passed March 6, 2025
Version voted on: 2SHB 1696
57 Yea 39 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat57002
Republican03900
How each member voted

Yea (57)

Excused (2)

Senate · 3rd Reading & Final Passage

Passed April 14, 2025
Version voted on: 2SHB 1696
30 Yea 19 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat30000
Republican01900
How each member voted
2 other recorded votes (amendments, procedural motions)

House · Amendment 192 by Griffey (page 3, line 4)

March 6, 2025
Version voted on: 2SHB 1696
45 Yea 51 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat65102
Republican39000
How each member voted

Nay (51)

Excused (2)

House · Amendment 173 by Couture (page 7, line 18)

March 6, 2025
Version voted on: 2SHB 1696
42 Yea 54 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat35402
Republican39000
How each member voted

Nay (54)

Excused (2)

History

  1. Effective date 7/27/2025. (2SHB 1696)
  2. Chapter 143, 2025 Laws. (2SHB 1696)
  3. Governor signed. (2SHB 1696)
  4. Delivered to Governor. (2SHB 1696)
  5. President signed. (2SHB 1696)
  6. Speaker signed. (2SHB 1696)
  7. Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0. (2SHB 1696)
  8. Rules suspended. Placed on Third Reading. (2SHB 1696)
  9. Placed on second reading by Rules Committee. (2SHB 1696)
  10. Passed to Rules Committee for second reading. (2SHB 1696)
  11. Minority; do not pass. (2SHB 1696)
  12. WM - Majority; do pass. (2SHB 1696)
  13. Referred to Ways & Means. (2SHB 1696)
  14. And refer to Ways & Means. (2SHB 1696)
  15. Minority; do not pass. (2SHB 1696)
  16. HSG - Majority; do pass. (2SHB 1696)
  17. First reading, referred to Housing. (2SHB 1696)
  18. Third reading, passed; yeas, 57; nays, 39; absent, 0; excused, 2. (2SHB 1696)
  19. Rules suspended. Placed on Third Reading. (2SHB 1696)
  20. 2nd substitute bill substituted. (2SHB 1696)
  21. 2nd substitute bill substituted. (SHB 1696)
  22. 2nd substitute bill substituted.
  23. Rules Committee relieved of further consideration. Placed on second reading. (2SHB 1696)
  24. Rules Committee relieved of further consideration. Placed on second reading. (SHB 1696)
  25. Rules Committee relieved of further consideration. Placed on second reading.
  26. Referred to Rules 2 Review. (2SHB 1696)
  27. Referred to Rules 2 Review. (SHB 1696)
  28. Referred to Rules 2 Review.
  29. Minority; do not pass. (2SHB 1696)
  30. APP - Majority; 2nd substitute bill be substituted, do pass. (2SHB 1696)
  31. APP - Majority; 2nd substitute bill be substituted, do pass. (SHB 1696)
  32. Minority; do not pass. (SHB 1696)
  33. APP - Executive action taken by committee. (SHB 1696)
  34. Minority; do not pass.
  35. APP - Majority; 2nd substitute bill be substituted, do pass.
  36. APP - Executive action taken by committee.
  37. Referred to Appropriations. (SHB 1696)
  38. Referred to Appropriations.
  39. Minority; do not pass. (SHB 1696)
  40. HOUS - Majority; 1st substitute bill be substituted, do pass. (SHB 1696)
  41. HOUS - Majority; 1st substitute bill be substituted, do pass.
  42. HOUS - Executive action taken by committee.
  43. Minority; do not pass.
  44. First reading, referred to Housing.

HB 1696 in other sessions

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

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