Gov. Inslee approves Opportunity Zones in communities across Washington

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,

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State Public Works Board approves first loans in five years for communities in need

$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

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News Release: Commerce grants $485,000 for environmental reviews of eastern Washington manufacturing projects

Pend Oreille County, Spokane County, Spokane Valley and Walla Walla awarded funds for environmental analysis to support economic development at proposed manufacturing sites. Olympia, Wash. – The Washington State Department of Commerce today announced $485,000 in advanced planning grants to aid four proposed manufacturing projects in eastern Washington. The grants will help Pend Oreille County, Spokane County, the city of Spokane Valley and Walla Walla County move forward with environmental

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NEWS RELEASE: State awards $1 million to increase housing stability for homeless families

New program recognizes housing stability is key to student success OLYMPIA, Wash. – The Department of Commerce has awarded $1 million under the state’s Homeless Student Stability Act to expand programs in school districts that will help identify and rapidly connect homeless students and their families with housing services and agencies in their community. The number of homeless school children in Washington State has increased by 82 percent in the

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