Applications Open for Affordable Multifamily Rental Projects – Preservation Funding Available
Commerce is releasing funding opportunities for affordable multifamily housing operators and developers to preserve affordability in properties currently serving Washington communities. Offered by Washington State Department of Commerce; awards $24.1M.
Key Facts
- Funder
- Washington State Department of Commerce
- Award amount
- $24.1M
- Deadline
- Rolling / not specified
- Geography
- Washington
- Status
- Open
About This Grant
Commerce is releasing funding opportunities for affordable multifamily housing operators and developers to preserve affordability in properties currently serving Washington communities. MHU has elected to offer up to $24,100,000 of the appropriated funds to projects already in the Housing Trust Fund portfolio (executed contract) and in need of funding to extend its useful life via this NOFA. Award announcements are anticipated in June 2026. Award: Up to $24,100,000 Eligibility: Local...
Full requirements and application instructions: official listing.
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