OLYMPIA — A pair of bills that will help families with low incomes find better financial stability are on the way to the governor, according to an announcement by the Washington House Democrats. House Bills 2230 and 2007, sponsored by Rep. Strom Peterson, D-Edmonds, work on removing barriers facing families with low incomes.
House Bill 2230 creates the Economic Security for All program which promotes economic inclusion and self-sufficiency for people with low incomes, the announcement said. It will allocate grants to families and individuals below 200 percent of the federal poverty level (less than $30,120 for individuals or $62,400 for a family of four). According to the statement, these grants will help families in our communities work toward more self-sufficiency, focusing especially on supporting people of color and rural residents.
“Many families live on the economic razor’s edge, despite often working full time. They are simultaneously one unexpected bill away from financial ruin and one boost away from self-sufficiency,” Peterson said. “We should work to tip the scales toward self-sufficiency. The Economic Security for All grant program will help families toward financial stability. It helps our neighbors climb out of poverty and is a smart use of taxpayer dollars.”
The statement said roughly 15% of Washington families make less than $50,000 per year, according to the U.S. Census Bureau. About 16% of families make less than $75,000 per year.
