Ensuring nonprofit housing providers qualify for a property tax exemption when the property is temporarily used for certain community purposes other than affordable housing.

Summary

The bill amends Washington’s tax code so nonprofit housing providers can retain their property‑tax exemption even if the property is temporarily loaned, rented, or used for fund‑raising or other community activities that are not affordable‑housing related. It limits such uses to 50 days per year, with no more than 15 days of pecuniary gain, and sets reporting, application and renewal requirements for the Department of Revenue. The changes apply to qualifying nonprofits and take effect June 11 2026, with some provisions expiring in 2033 or 2038.

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