Bill > HB1852

This bill amends existing law to establish stricter requirements for how local governments can transfer or sell real property to nongovernmental entities. The bill modifies RCW 39.33.015 to clarify that surplus public real property can be leased or sold for a public benefit purpose, specifically emphasizing affordable housing, with the requirement that any sale must receive fair consideration. The bill adds new sections to the Revised Code of Washington for cities, code cities, and counties, mandating that these local governments cannot transfer or sell real property to nongovernmental entities or individuals without receiving fair market value or equivalent compensation. The legislation defines affordable housing as rental housing or homeownership where housing costs are a reasonable percentage of household income, and it applies to excess real property not required for the government entity's current needs. The bill aims to prevent local governments from transferring public real property at no cost or for nominal amounts, ensuring that such transfers provide appropriate financial value or serve a clear public benefit, particularly in the context of affordable housing development. Exceptions are made for certain state forestlands and properties with existing legal restrictions.

Housing and Urban Affairs

https://app.leg.wa.gov/billsummary?BillNumber=1852&Year=2025&Initiative=false