summary
Introduced
01/12/2026
01/12/2026
In Committee
02/09/2026
02/09/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to the housing finance commission; amending RCW 2 43.180.010, 43.180.050, 43.180.080, 43.180.090, and 43.180.150; 3 adding a new section to chapter 43.180 RCW; and repealing RCW 4 43.180.220, 43.180.230, 43.180.240, and 43.180.070. 5
AI Summary
This bill clarifies the role of the Washington State Housing Finance Commission (HFC) by stating it is not intended to function as a retail mortgage lender and should not compete with private financial institutions in originating residential mortgage loans to individual homebuyers, with the exception of specific down payment assistance programs. The bill amends existing laws to reflect this, including changes to how the commission can make loans and mortgage loans, emphasizing that it cannot directly originate or make residential mortgage loans to individuals for the purchase or refinancing of owner-occupied single-family housing unless explicitly authorized. Additionally, the bill adjusts the frequency for selecting bond counsel to every four years, repeals several sections of existing law related to housing finance programs, and makes minor technical adjustments to other sections concerning the commission's powers and bond issuance.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (6)
Janice Zahn (D)*,
Natasha Hill (D),
Mari Leavitt (D),
Nicole Macri (D),
Strom Peterson (D),
Julia Reed (D),
Last Action
House Rules "X" file. (on 02/19/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=2236&Year=2025&Initiative=false |
| House bill report | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/House/2236%20HBR%20CB%2026.pdf |
| Fiscal Note - 2236 SHB (Final) | https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=76280 |
| BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Bills/2236-S.pdf |
| House bill report | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/House/2236%20HBR%20HOUS%2026.pdf |
| House bill analysis 2026 | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/House/2236%20HBA%20HOUS%2026.pdf |
| BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/House%20Bills/2236.pdf |
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