Washington has only 45 affordable homes for every 100 very low-income households in search of housing. But the state Capital Budget could help build and preserve more affordable homes across our state. In the 2025 legislative session, the legislature invested over $605 million for affordable homes. This year lawmakers can build on that historic investment, and they should match Governor Ferguson's supplemental capital budget proposal by including at least a $225 million additional new dollars to preserve and build over 4,000 affordable homes across the state.

Key points:

• State Capital Budget investments into the Housing Trust Fund build desperately needed affordable homes in communities across our state.
• The Housing Trust Fund provides critical support needed to build affordable homes for seniors, families, veterans, people exiting from homelessness, people living with disabilities and more.
• The Housing Trust Fund invests in many affordable housing types including permanent supportive housing for people with disabilities, housing in rural areas for farm workers, first-time homeownership opportunities for families and more.
• Affordable housing is the solution to homelessness, but state investments are needed to leverage private dollars. Without state investments into the Housing Trust Fund, affordable housing would not be built or preserved, and our communities will continue to see an increase in homelessness and housing insecurity.

Funding housing at the scale of need and urgently speeding up affordable housing production is a key policy element in the Housing Alliance's "Roadmap to Housing Justice" - a comprehensive strategy to end Washington's housing crisis. Learn more at wliha.org/roadmap