Washington · statute · Wash. Rev. Code ch. 43.185D · 3 active provisions
The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Commission" means the Washington state housing finance commission.(2) "Department" means the department of commerce.(3) "Eligible organizations" includes nonprofit developers, for-profit developers, public h…
The program is created in the department to provide loans to eligible organizations to finance affordable housing for low-income households. The department shall contract with the commission to administer the program, subject to the availability of amounts appropriated for the specific purposes provided in this section…
Under the program, the commission may administer loans to eligible organizations to assist with the development of housing for low-income households subject to the following considerations:(1) Loans must be awarded to eligible organizations based on criteria established by the commission, including at least the followi…