Fund 532 - Washington Housing Trust Account
Department of Commerce - 1030
1 - Treasury Fund
SAAM Budget Type:
Earnings from Investments are:
Credited to the general fund under RCW 43.84.092(4).
The department shall use funds from the housing trust fund to finance in whole or in part any loans or grant projects that will provide housing for persons and families with special housing needs and with incomes at or below 50 percent of the medial family income for the county or standard metropolitan statistical area where the project is located. Not less than 30 percent of such funds used in any given biennium shall be for the benefit of projects located in rural areas as defined in 63 Stat. 432, 42 U.S.C. Sec. 1471 et seq.
Sources of Revenue:
Charges and Miscellaneous Revenue, Other Miscellaneous Revenue, Interest Earnings
Low income families
Washington Housing Trust Account
BA - Special Revenue Funds
BE - Human Services Fund
Closing GL Code:
9323 - Committed for Human Services