Commerce invests nearly $20 million to preserve affordable housing

Commerce invests nearly $20 million to preserve affordable housing

Funding will help make repairs to keep 873 units in service for vulnerable populations in 14 counties OLYMPIA, Wash. — The Department of Commerce this week announced $19.8 million in awards to 31 applicants to preserve 873 affordable housing units through the Housing Preservation Program. These projects provide critically needed housing to some of Washington’s most vulnerable populations. Nine of the awarded projects are in King County, and the other…

Governor’s 2024 Smart Communities Awards nominations now open

Governor’s 2024 Smart Communities Awards nominations now open

Annual awards recognize outstanding work in community planning and development Olympia, Wash. — The Washington State Department of Commerce has opened nominations for the 18th annual Governor’s Smart Communities Awards, a program that recognizes outstanding work by local governments and their partners on long-term community planning and development. Nominations feature the best our state has to offer in collaborative community development and local comprehensive planning. Community leaders look to this…

Commerce awards $240,000 to five regional partnerships planning for low-income housing needs

Commerce awards $240,000 to five regional partnerships planning for low-income housing needs

Additional grant funding is available through March to support regional planning for vulnerable residents at the lowest income levels OLYMPIA, Wash. – The Washington State Department of Commerce awarded $240,000 to five community partnerships across the state to support coordination of land use planning and homeless services planning. Each city or county-led partnership will use the funds to coordinate resources and plan for their lowest income housing needs, including residents…

Commerce helps secure $17.6 million in federal funding for housing assistance

Commerce helps secure $17.6 million in federal funding for housing assistance

Funding is through Continuum of Care program, which is part of the Department of Housing and Urban Development OLYMPIA, WA — Washington communities have another $110 million for new and existing housing projects thanks to funding from the Department of Housing and Urban Development’s Continuum of Care (CoC) Program Competition. Providers across Washington are working on 205 new and existing projects that provide temporary or permanent housing assistance and/or supportive…

$47 million infrastructure investment helps pave the way for more than 3,000 new affordable housing units

$47 million infrastructure investment helps pave the way for more than 3,000 new affordable housing units

Commerce grants help Washington communities take another step toward meeting projected need for 1.1 million new housing units over next 20 years OLYMPIA, WA — The Washington State Department of Commerce today announced $47 million in funding for infrastructure improvements to support 43 construction projects that will provide more than 3000 units of affordable housing statewide. Washington state is projected to need 1.1 million new units of housing over the…

Commerce invests $312.6 million in affordable housing and homeownership opportunities for Washington residents with low incomes

Commerce invests $312.6 million in affordable housing and homeownership opportunities for Washington residents with low incomes

Historic funding to increase state’s affordable housing stock by 3,913 multifamily/rental units and new homes for low-income homebuyers OLYMPIA, WA — The Washington State Department of Commerce today announced historic investments totaling $312.6 million to address the urgent need for affordable housing in communities throughout Washington state. Lack of affordable housing and sufficient supportive housing options for vulnerable populations are top contributors to chronic homelessness. It is estimated that over…

Inslee budget proposes $1.2 billion increase for Department of Commerce

Inslee budget proposes $1.2 billion increase for Department of Commerce

Focus on equity runs throughout significant funding increases serving range of priorities from housing to clean energy, broadband expansion and helping secure federal funding OLYMPIA, WA — Gov. Jay Inslee’s supplemental budget released today proposes a $1.2 billion increase for the Department of Commerce, including $415 million in operating funds and $775 million in new capital dollars. The proposed budget funds all of the agency’s upcoming legislative requests. Commerce is…

Commerce awards nearly $3 million to help cities plan for increasing middle housing options

Commerce awards nearly $3 million to help cities plan for increasing middle housing options

Grants will support adoption of local actions that aim to accommodate projected housing needs at all income levels through different types of units, providing more affordable housing options OLYMPIA, Wash. – The Department of Commerce today announced nearly $3 million for 54 cities across 16 Washington counties to support the adoption of local comprehensive plan policies and zoning codes to allow more middle housing in residential neighborhoods. Increasing the availability…

Washington State Public Works Board opens application cycle for $15.8 million in broadband funding

Washington State Public Works Board opens application cycle for $15.8 million in broadband funding

Grants and low-interest loans available for broadband construction projects OLYMPIA, WA — The Washington State Public Works Board today opened applications for broadband funding, offering $15.8 million in grants and low-interest loans for broadband construction projects. Projects in distressed counties are eligible for 30% grant and 70% loan funding, until funds are exhausted. Local governments, tribes, nonprofit organizations, cooperative associations, multiparty entities, limited liability corporations (LLC), and incorporated businesses or…

Commerce to make historic investments in affordable housing projects statewide

Commerce to make historic investments in affordable housing projects statewide

Applications open now for over $300 million in capital to develop multifamily rental housing projects OLYMPIA, WA — The Washington State Department of Commerce today opened applications for projects seeking capital to develop affordable housing across the state. At more than $302 million, it is the state’s largest single funding round to date. Funds are available to eligible non-profits, local governments, community housing development agencies, tribal governments and housing authorities.…