Inslee proposes billions for housing, would need voter OK

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Inslee proposes billions for housing, would need voter OK
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Washington Gov. Jay Inslee proposed Wednesday that state spending during the next two years prioritize housing, including an effort to quickly build thousands of units that would require the OK from Washington voters. FOX13

, including an effort to quickly build thousands of units that would require the OK from Washington voters.That figure represents a. The budget proposal also reflects other focus areas including behavioral health, the environment and public safety, as lawmakers head into the 2023 legislative session.

Washington continues to grapple with the economic fallout from the COVID-19 pandemic and Inslee’s proposal describes the economic context as creating a "mixed bag of good and bad fiscal news" in which job losses have been recovered, but inflation is stressing consumers and driving up state government costs.

To address the growing lack of affordable housing and number of people experiencing homelessness, Inslee is proposing the state raise $4 billion by issuing bonds outside the state’s debt limit.

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Inslee proposes billions for housing, would need voter OKInslee proposes billions for housing, would need voter OKTo address the growing lack of affordable housing and number of people experiencing homelessness, Inslee is proposing the state raise $4 billion by issuing bonds outside the state’s debt limit.
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