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screenshot image of a webpage map indicating locations of projects funded with rapid Capital Housing Acquisition program funds as of March 2023

Commerce awards $50.6 million to rapidly acquire 13 properties for shelters, affordable housing

Grants bolster efforts to confront homelessness in 10 counties across Washington state OLYMPIA, WA — The Washington Department of Commerce announced approximately $50.6 million in grants to 13 affordable housing projects throughout the state. This second round of funding through the state’s 2022 Rapid Capital Housing Acquisition program will create 214 affordable units and 70 beds of housing for people in Washington who are currently homeless or at high risk

Washington Community Economic Revitalization Board invests $2.1 million in four counties

State funds leverage over $5.5 million in private and local investments expected to create dozens of family-wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $2 million in low interest loans and $150,000 in grants for economic development and public infrastructure improvements intended to spur business growth and job creation in communities throughout the state. Columbia County – $50,000 grant to the Port of

Person plugging in electric vehicle to charge

Transportation electrification projects awarded nearly $1 million in Clean Energy Fund grants

Hydrogen energy system study, groundbreaking Tribal-county collaborations among five innovative projects selected for funding across Washington state OLYMPIA, WA – The Washington State Department of Commerce today announced $970,000 in Clean Energy Fund grants to five projects that will support electric vehicle charging infrastructure throughout the state.  Eligible applicants for this first round of current funding through the Electrification of Transportation Systems program were local governments, federally recognized tribal governments,

Photo of a dinner plate featuring a dish made with no meat

Canadian plant-based food producer No Meat Factory to launch operations in Stanwood, WA

$200,000 state grant to Economic Alliance Snohomish County helps jumpstart former Twin City Foods plant update OLYMPIA, WA – The Department of Commerce announced that No Meat Factory (NMF), a Canadian manufacturer of plant-based meat alternative products, will open a new production facility in Stanwood, Washington. The new plant will reopen a facility closed by Twin City Foods in 2017. The new facility will allow NMF to meet growing demand

A baker owner poses in her shop

State grant application portal opens Mar. 14, 2023 for hospitality and lodging businesses

$100 million available to support businesses affected by pandemic; information webinar March 13 OLYMPIA, WA – The Washington State Department of Commerce announced a new grant opportunity for businesses in the hospitality and lodging industry that suffered business losses due to the pandemic. The application portal opens on March 14 at An informational webinar is scheduled for Monday, March 13. To learn more and subscribe to email updates about

Small business owners

Washington state receives $163.4 million to fund innovative small business loan programs

Five new programs to be offered through the State Small Business Credit Initiative (SSBCI) OLYMPIA, WA – Washington state has been awarded $163.4 million from the U.S. Treasury Department to operate five capital access programs for small businesses. The new funding will be used to launch an updated version of the state’s highly successful Small Business Credit Initiative (SSBCI) program, which was completed in 2016. SSBCI leveraged an original $19.7

Artist rendering of a downtown block proposed in Airway Heights

Washington state will need more than 1 million homes in next 20 years

More than half of the homes are needed for residents at the lowest income levels OLYMPIA, WA — The Washington State Department of Commerce today released its final housing needs projections, which show the state needs to add 1.1 million homes over the next 20 years, and more than half of them need to be affordable for residents at the lowest income levels. Based on census data and the Office

Washington state aerospace companies take off for AVALON airshow and exposition in Australia this week

OLYMPIA, WA – A delegation of Washington state companies and officials are participating in the AVALON Australian International Airshow and Aerospace & Defense Exposition in Australia, Feb. 28 – Mar. 5. The largest show of its kind in the southern hemisphere, AVALON attracts nearly 700 companies from around the world. The Washington delegation will be one of 161 official industry and government delegations from 30 countries. The six-day show attracts

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