Join us for a virtual public forum on July 31



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july 24, 2024

*Housing Trust Fund Repair Fund guidelines available for review*

Join us for a public forum on July 31; Submit comments through Aug. 23

The 2024 Supplemental Capital Budget (2023-2025) appropriated funding for ""affordable housing urgent repair grants to be provided on an ongoing basis.""

This funding aims to address nonrecurring repair projects such as the repair of units or buildings, the abatement of potentially hazardous materials, and safety-related structural improvements for *affordable housing*.

The definition of “affordable housing” for this program includes:


* Permanent supportive housing as defined in RCW 36.70A.030(31) [ [link removed] ] 
* Multifamily affordable housing projects in the Housing Trust Fund (HTF) portfolio

Review the guidelines [ [link removed] ] (Box PDF)

The guidelines reflect Commerce’s implementation plan, including:

*Housing Repair Fund Focus* The fund is designated for nonrecurring, urgent repairs requiring immediate action. Eligible projects must address uninhabitable units, resolve health and safety concerns for tenants, or ensure universal access for all populations.

*Eligible Applicants* Applicants must have a project in the HTF portfolio or have received funding from another public capital funding source. They must be Permanent Supportive Housing (PSH) providers with a contractual obligation to provide PSH through an operating or capital contract.

*Eligible and Ineligible Costs* Eligible costs include architectural/engineering fees, environmental site assessments, hazardous abatement, major appliances, safety-related structural improvements, and more. Ineligible costs encompass operational and service expenses, administrative costs, and replacements due to age without immediate risk to health, safety, or habitability.

*Funding Limits* Applications are reviewed on a first-come, first-served basis, with a funding limit of up to $200,000 per property. The HTF Repair Fund will ensure a minimum reservation of $250,000 for each region to support statewide participation.

 

Public forum and comments

We will discuss the guidelines and take comments through Aug. 23, 2024.

*Public Forum on Zoom*

*Wednesday, July 31, 2024, 1 - 2 p.m. *

 

Register [ [link removed] ] 

*Public comments will be accepted* via email through August 23, 2024. Please send them to [email protected] <[email protected]> 






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About Commerce

Commerce works with local governments, businesses, community-based organizations and tribes to strengthen communities. The department’s diverse portfolio of more than 100 programs and effective public and private partnerships promote sustainable community and economic development to help all Washingtonians thrive. For more information, visit [link removed]. For information on locating or expanding a business in Washington, visit choosewashingtonstate.com [ [link removed] ].

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