Creating a tenant assistance program.

SB 5731 creates a state-funded tenant assistance program in Washington to help households struggling with high housing costs. It provides financial aid to renters earning up to 80% of their county's median income who spend more than 30% of their income on housing, with priority for those earning ≤60% of median income or receiving Supplemental Security Income. The program offers up to $400 monthly in assistance (capped at reducing housing costs to 30% of income) for up to 12 consecutive months per household. The program expires June 30, 2032, and requires annual reports on its impact.