Washington Community Reinvestment Association Meeting Washington's Affordable Housing Needs Through Partnership Eastern Region Photos Bellevue Duplexes Galbraith Gardens Lion's Park Apartments Marcus Place Pine Bluff Senior Apartments Pioneer Park Sprague Crossing Apartments Tschirley Senior Apartments Valle Lindo © 2021 Washington Community Reinvestment Association. Proudly powered by Sydney

Washington Community Reinvestment Association Meeting Washington's Affordable Housing Needs Through Partnership HOUSING AND ECONOMIC DEVELOPMENT LOAN PROGRAMS The WCRA provides permanent loans on affordable rental housing, special needs projects and economic revitalization properties. The loans made are required to carry a regulatory agreement that assures the property will remain in the approved use for the life of the WCRA loan. The loans made by the WCRA must provide safe, decent and affordable housing as a result of rental concessions not a depressed rental market or general property condition. A regulatory agreement from the Washington State Housing Finance Commission, the Washington State Office of Community Development, HUD, USDA-RD and/or local municipalities will be required. For multi-family properties we require a minimum of 5 units and all units that are 3 bedrooms or larger must contain at least 1.75 bathrooms. Please select a program name below to view guidelines and requirements: Assisted Living Housing Tax-Exempt Bonds for Economic Development Economic Development Loans Tax-Exempt Bonds for Housing Development Multifamily Permanent Loans Special Needs Housing Loan Application & Eligibility For more information regarding the various loan programs and eligibility please contact Dulcie Claassen at 206-622-6332. CAPITAL PLUS! APPLICATION Loan Closing Download the WCRA Closing Checklist: WCRA CLOSING CHECKLIST Loan Servicing If you have questions regarding servicing of a WCRA loan please contact Angel Ratliff at 206-622-5958. © 2021 Washington Community Reinvestment Association. Proudly powered by Sydney