2SHB 1696 — Modifying the covenant homeownership program.
Signed into law — Chapter 143, Laws of 2025
- Sponsor
- Taylor
- Introduced
- February 27, 2025
- Status
- C 143 L 25
- Last action
- Effective date 7/27/2025. (April 22, 2025)
What this bill does
Modifies the Covenant Homeownership Program by raising the area median income threshold for eligibility to 140 percent, authorizing full loan forgiveness once a loan has been in repayment for at least five years, and modifying one of the membership positions on the oversight committee.
From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗
Floor votes
- House — 192 Griffey Pg 3 Ln 4 · March 6, 202545 yea · 51 nay · 2 not voting
- House — 173 Couture Pg 7 Ln 18 · March 6, 202542 yea · 54 nay · 2 not voting
- House — 3rd Reading & Final Passage · March 6, 202557 yea · 39 nay · 2 not voting
- Senate — 3rd Reading & Final Passage · April 14, 202530 yea · 19 nay
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Create a free accountOther bills sponsored by Taylor
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- HB 1215 — Removing references to pregnancy from the model directive form under the natural death act.
- EHB 1219 — Concerning the interbranch advisory committee.
- ESHB 1385 — Concerning fingerprint background check on applicants.
- EHB 1403 — Simplifying condominium construction statutes.
All 2025-26 Washington State bills →
Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗