Spokane Journal of Business

Local News > Government

Grants to help Spokane design more diverse housing

A 2020 report tagged Washington state with one of the 10 worst housing shortages in the nation, underbuilding by over a quarter of a million homes over the prior 15 years. Harvard University’s Joint Center for Housing Studies documented the ...

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‘Zombie’ sites transformed into affordable homes

Habitat for Humanity-Spokane celebrated with two families as they received the keys to their newly rehabilitated homes on Sharp Avenue in the West Central neighborhood earlier this month, and the organization is planning two more such celebrations ...

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Making history at the Riverfalls Tower

Two properties in Spokane’s Riverside District, on the west edge of downtown, have been approved for inclusion on the Spokane Register of Historic Places, says Logan Camporeale, historic preservation specialist for the Spokane City-County Historic ...

Proposed IRS reporting threshold increased; Bankers still don’t like it

Weeks after proposing a plan to require banks to report on accounts with inflows and outflows of $600 a year over reported income to the Internal Revenue Service, Congress has raised the proposed reporting threshold to $10,000 and added several exceptions...

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Cannabis sales in Spokane County jump 21% in fiscal ‘21

Sales of recreational cannabis in Spokane County increased 21% in fiscal year 2021, falling short of the aggressive surge the industry experienced in fiscal 2020. Data recently released by the Washington state Liquor and Cannabis Board shows $163.7...

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Former HUD administrator joins Washington Trust Bank

Washington Trust Bank has hired former U.S. Department of Housing and Urban Development regional administrator Chris Patterson to serve in its newly established role of community solutions adviser. Patterson says that in this new role, he’ll work with ...

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DSP, city extend contract, plan for Business Improvement District expansion

The Downtown Spokane Partnership and the Spokane City Council have agreed to a five-year contract extension for the DSP’s management of the downtown Business Improvement District, says Roy Koegen, DSP chairman. Under the new contract, DSP will work ...

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Taxing Concerns: Spokane bankers question proposed IRS reporting mandate

Spokane-area community banks and credit unions are unified in opposition to proposed federal legislation that would require them to report to the IRS on the deposits and withdrawals of all business and personal accounts with a balance of more than $600. ...

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Tax proposals said to affect retirement decisions

Inland Northwest financial experts have observed an increase in people retiring slightly earlier, and some say the potential for an increase in certain federal taxes is playing a role. John Kessler, senior vice president with Spokane-based Washington...

L&I proposes increase in workers’ compensation premiums

The Washington state Department of Labor & Industries is proposing a 3.1% overall average rate increase for workers’ compensation insurance for 2022. If approved, the increase would be the state’s first rate hike in five years. On Sept. 21, L&I ...

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