Creating a tenant assistance program.

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Plain-English Summary

This bill creates a tenant assistance program to help Washington residents who spend too much of their income on rent. The program will provide grants to public housing authorities, which will then offer payments to eligible renters who earn below a certain income level and spend over 30% of their income on housing. A surcharge on recorded documents will help fund this program, along with other housing initiatives. The program is set to expire in June 2032, and its effectiveness will be reviewed by the legislature.

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