On April, 29, 2011 Washington State Governor Christine Gregoire signed new legislation regulating the ability of out-of-state bond issuers to issue private activity bonds for a project. According to Kim Herman, Executive Director of the Washington State Housing Finance Commission (WSHFC), this legislation is intended to insure that tax-exempt bond financing in the State of Washington will continue to provide significant public benefit beyond federal minimum requirements and basic accountability to the residents of the state. It will also keep the jobs that are associated with bond financing within Washington State. Read More…