3.10.100 Purpose of tax.
This section is included in your selections.
The City may use the monies collected by the tax imposed under CMC 3.10.090 or bonds issued only for the following purposes:
(1) Acquiring, rehabilitating, or constructing affordable housing, which may include new units of affordable housing within an existing structure or facilities providing supportive housing services under RCW 71.24.385; and
(2) Providing the operations and maintenance costs of new units of affordable or supportive housing; and
(3) Providing rental assistance to tenants.
The housing and services provided under this section may only be provided to persons whose income is at or below 60 percent of the median income of the City. (Ord. 14-20 § 2 (Exh. A); Ord. 14-19 § 1)