Establishing a revolving loan fund for mixed-income affordable homeownership development.

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Substitute Bill — · 1.1K words Open full page ↗

S-4054.1

SUBSTITUTE SENATE BILL 6028

State of Washington

69th Legislature

2026 Regular Session

By Senate Housing (originally sponsored by Senators Alvarado, Trudeau, Bateman, Conway, Nobles, and C. Wilson)

READ FIRST TIME 01/22/26.

AN ACT Relating to establishing a revolving loan fund for mixed-income affordable homeownership development; and adding a new chapter to Title 43 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.

(1) "Commission" means the Washington state housing finance commission.

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PASSAGE PROBABILITY

20.5% Unlikely

Why this number

Stage base Reported from Committee — base rate 42%, measured from WA's completed sessions
Momentum +0 52/100 from the pace of recorded action
Time since last action -22 252 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.