Saturday, September 8, 10 a.m., Deer Harbor Community Club

— from Anne Marie Shanks —

The public is invited to participate in a September 8 meeting at 10 a.m. the Deer Harbor Community Club. Yes for Homes, a county-wide grassroots campaign supporting a ballot initiative in November to create a new Home Fund has organized this meeting. The campaign has invited Ryan Page, San Juan County Affordable Housing Coordinator, to present information about how the Home Fund works and how the funds will be used. Members of the Yes for Homes Campaign will be available to answer other questions that may arise.

Below is a little background information:

A few years ago the County Council tasked a work group with developing a strategic action plan to address the growing housing needs on the islands. That group was made up of stakeholders ranging from housing non-profits to business owners to county staff. One key they found to the solution was to create a dedicated local funding source. Without funding, the housing problem on our islands will only continue to grow.

After the County Council adopted the strategic action plan, they tasked the Housing Bank Commission (HBC) with developing a recommended local funding source. After months of deliberation that Commission recommended the creation of a county Home Fund, funded by a 0.5% Real Estate Excise Tax, along with a carefully crafted Administrative and Financial Plan for how those tax dollars are to be spent.

On May 22, the County Council voted to move the recommendation of the HBC forward to a vote of the people in November of 2018.

Home Fund revenue will come from a one-time tax paid at the time of a real estate sale. This is NOT an ongoing property tax. These funds will serve very-low, low and moderate-income households and those with special needs. The REET is the only source of funds available after a vote of the people that has the flexibility to serve moderate-income households. By voting YES for Homes, you will help our islands take a major step in ensuring communities that are fair and healthy for all.

**If you are reading theOrcasonian for free, thank your fellow islanders. If you would like to support theOrcasonian CLICK HERE to set your modestly-priced, voluntary subscription. Otherwise, no worries; we’re happy to share with you.**