Special designation provides federal tax incentives for development in low-income areas OLYMPIA, Wash. – Gov. Jay Inslee today approved 139 census tracts in 36 counties for “Opportunity Zone” status, enabling them to offer special federal tax breaks to encourage development and job creation. See a map and list of Washington’s newly designated Opportunity Zones. “Opportunity Zones have the potential to provide a much-needed boost to communities and target development projects,
Over 120 companies in the Spokane area support industry employers across the world, including Boeing, making it America’s fifth largest aerospace cluster SPOKANE, Wash. – Gov. Jay Inslee’s Choose Washington NMA Council met in Spokane today, visiting the region’s aerospace assets that make the Inland Northwest the fifth largest aerospace cluster in the nation. “We are invested in maintaining the largest and finest aerospace workforce and production capabilities in the
$6 million in pre-construction loans awarded to 12 Washington communities OLYMPIA, Wash. – The Washington State Public Works Board approved 12 cities and counties for approximately $6 million in pre-construction loans for 2018. This is the first time in five years the board has had funding from the state Legislature to issue loans. The Board selected 12 out of 15 projects from applications requesting over $7.5 million. These projects will
Commerce awards grants to raise awareness, access to education, training, certifications and employment through apprenticeships, community and technical college programs.
Commerce today announced $57.6 million in loans and grants from the state’s Housing Trust Fund for 42 affordable housing projects in communities throughout Washington.
As the Boeing Company considers the business case for a potential New Mid-Market Airplane, Council co-chairs will help make Washington’s case as the best place for industry investment – growing aerospace businesses and sustaining jobs for generations of workers
Commerce announced today the nation’s first online portal where businesses and individuals can comparison shop for low-cost, state-verified retirement savings plans.
Commerce is now accepting applications from communities interested in being designated as Opportunity Zones so they can offer tax incentives for economic development.
Mobile World Congress is in full swing in Barcelona. Executives from Bank of America, FedEx, Amazon, Telefonica, accueweather, Microsoft, Sky and Barclays Bank were among those visiting our companies at the Choose Washington stand in the Hanse-Aerospace Pavilion today. Members of our delegation also had a full slate of meetings and networking events, including a government-sponsored panel with companies and investors from Spain. We’re excited for another day of creating