Landlord mitigation program account.
(1) The landlord mitigation program account is created in the custody of the state treasury. All transfers and appropriations by the legislature, repayments, private contributions, and all other sources must be deposited into the account. Expenditures from the account may only be used for the landlord mitigation program under this chapter to reimburse landlords for eligible claims related to private market rental units during the time of their rental to low-income tenants using housing subsidy programs as defined in RCW
43.31.605, for any unpaid judgment issued within an unlawful detainer action after a court order pursuant to RCW
59.18.410(3) as described in RCW
43.31.605(1)(b), for any unpaid rent as described in RCW
43.31.605(1)(c), for any damages to rental property as described in RCW
43.31.605(1)(d), and for the administrative costs identified in subsection (2) of this section. Only the director or the director's designee may authorize expenditures from the account. The account is subject to allotment procedures under chapter
43.88 RCW, but an appropriation is not required for expenditures.
(2) Administrative costs associated with application, distribution, and other program activities of the department may not exceed twenty percent of the annual funds available for the landlord mitigation program. Reappropriations must not be included in the calculation of the annual funds available for determining the administrative costs.
(3) Funds deposited into the landlord mitigation program account shall be prioritized by the department for allowable costs under RCW
43.31.605(1) (a) and (d), and may only be used for other allowable costs when funding available in the account exceeds the amount needed to pay claims under RCW
43.31.605(1) (a) and (d).
NOTES:
Finding—Intent—2022 c 196: See note following RCW
43.31.605.
Finding—Intent—Application—Effective date—2021 c 115: See notes following RCW
59.18.620.
Intent—2019 c 356: See note following RCW
59.12.030.