$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
2002, 2018
National study shows local gains, but still insufficient affordable housing construction
A 2017 study by the National Low Income Housing Coalition that looked at affordable housing in the 50 largest metro areas in the country showed Seattle has 29 units of affordable housing for every 100 households with extremely low income. While we are building more than other regions of the country, Puget Sound population growth still outpaces the rate of construction. Willingness to explore new housing ideas and build homes more quickly is
Washington’s state GDP increased 4.3 percent in the third quarter of 2017, the most recent reported by the Bureau of Economic Analysis (BEA). That’s fourth best nationwide, behind only Delaware (5.7), Texas (5.0) and New Hampshire (4.4). Once again, the information sector far outpaced other sectors, contributing 1.29 of Washington’s percentage point change. Other strong sectors were retail trade at .61 percent and finance and insurance at .50 percent. Durable
Our state will be home to the nation’s most sustainable maritime industry by 2050.
Two of largest projects include private partner investments of $120 million by Sunnyside Community Hospital Association for new hospital construction and $10 million by KW Partners/FedEx at Port of Everett. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $4,956,250 in grants and low-interest loans for public infrastructure development and economic feasibility studies in nine counties across the state. The projects target business growth and job
Bellevue, Edmonds, Kirkland, Mercer Island, and Seattle recognized for increasing residential solar energy installations through reduced costs, streamlined permitting Gov. Jay Inslee today proclaimed the cities of Bellevue, Edmonds, Kirkland, Mercer Island and Seattle “Northwest Solar Communities,” acknowledging their various initiatives that have increased residential solar installations by nearly 200% since 2013. The Northwest Solar Communities program joined local governments, utilities, and solar industry stakeholders from Washington and Oregon to bring down the cost