The Department of Commerce is soliciting applications for affordable housing projects seeking funding in the 2025 funding cycle for homeownership projects.
There is about $70 million available, and the amount of funds awarded depends on the number of applications received and project readiness. The maximum award per project is $6 million for new construction or acquisition with rehabilitation, $4 million for affordability subsidy, and $3 million for down payment assistance.
Funding is available for community-based organizations, housing authorities, federally recognized tribes, and local governments for the creation of new housing units, purchase and rehabilitation of new housing units, affordability subsidies, and down payment assistance for low-income households in Washington.
Please download and carefully review the application materials (on Box) for specific information regarding funding requirements and priorities, the process for submitting an application, and significant dates.
Technical assistance webinars and in-person workshops
Webinars for application walkthrough and in-person round table discussions will be hosted on multiple dates. Dates and registration details are available on page three of the NOFA timeline (Word) document.
Application walkthroughs will provide assistance on how to complete the applications and supporting documentation list. In person round table discussions will be an open forum for programmatic questions. Attendance is not mandatory; registration is required for in-person discussions.