Washington State Department of Commerce is releasing funding opportunities for affordable multifamily housing operators and developers to preserve affordability in properties currently serving Washington communities.
Donor Name: Washington State Department of Commerce
State: Washington
County: All Counties
Type of Grant: Grant
Deadline: 04/17/2026
Size of the Grant: More than $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
The funds may be provided for major building improvements, preservation, and system replacements necessary for the existing housing trust fund portfolio to maintain long-term viability.
Funding Information
- The Washington State Legislature appropriated $50,000,000 from the State Building Construction Account – State in the 2025-2027 Capital Budget for Commerce to award for the preservation of affordable multifamily housing.
- State in the 2025-2027 Capital Budget is $48,500,000.
- MHU has elected to offer up to $24,100,000.
Eligibility Criteria
- Local governments
- Local housing authorities
- Nonprofit community or neighborhood-based organizations
- Federally recognized Indian tribes in the state of Washington
- Regional or statewide nonprofit housing assistance organizations.
For more information, visit WSMA.
