Description

The Washington State Department of Commerce’s Multifamily Housing Unit administers this opportunity through the state Housing Trust Fund. It seeks capital funding applications for multifamily rental projects that increase Washington’s affordable housing stock or preserve existing affordable housing through rehabilitation. The housing funded must serve low-income people.

Projects may include commercial space, nonprofit facilities, or market-rate housing, but Housing Trust Fund dollars cannot pay for those components. Facilities that provide medical or mental health services with housing or residential stays are generally outside the fund’s scope. This notice is for state Housing Trust Fund funding; Commerce posts separate opportunities for federal funding, housing for people with intellectual and developmental disabilities, and a tribal set-aside.