reglab/housing_qa huggingface dataset:
WA Rev Code § 43.180.090 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.090 - Selection of bond counsel—Written policies to be adopted.

RCW 43.180.090 Selection of bond counsel—Written policies to be adopted.(1) The commission shall adopt written policies to provide for the selection of bond counsel. The policies shall provide for the creation and maintenance of a roster of attorneys whom the commission believes possess the requisite special expertise and professional standing to provide bond counsel opinions which would be accepted by the underwriters, bondholders, and other members of the financial community, and which would be in furtherance of the public interest in obtaining the lowest possible interest rates on the bonds issued by the commission. Any attorney may apply to have his or her name placed on the roster, but may not be placed on the roster unless the attorney demonstrates to the commission's satisfaction that the attorney would issue the kind of opinions required by this section.(2) Prior to selecting an attorney or attorneys to provide bond counsel services, the commission shall provide all attorneys on the roster with a notice of its intentions to select bond counsel and shall invite each of them to submit to the commission his or her fee schedule for providing bond counsel services. The commission shall have wide discretion in selecting the attorney or attorneys it considers to be most appropriate to provide the services, but in the exercise of this discretion the commission shall consider all submitted fee schedules and the public interest in achieving both savings in bond counsel fees and issuance of bonds on terms most favorable to the commission. At least once every two calendar years, the commission shall select anew an attorney or attorneys to serve as bond counsel. However, the commission may retain an attorney for longer than two years when necessary to complete work on a particular bond issue. An attorney previously retained may be selected again but only after the commission has provided other attorneys on the roster with an opportunity to be selected and has made the fee schedule review required under this subsection. In addition to or as an alternative to retaining counsel for a period of time, the commission may appoint an attorney to serve as counsel in respect to only a particular bond issue.[ 1983 c 161 § 9.]
WA Rev Code § 43.180.100 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.100 - Selection of underwriters—Written policies to be adopted.

RCW 43.180.100 Selection of underwriters—Written policies to be adopted.(1) The commission shall adopt written policies to provide for the selection of underwriters. The policies shall provide for the creation of a roster of underwriters whom the commission believes possess the requisite special expertise and professional standing to provide bond marketing services which would be accepted by bondholders and other members of the financial community, and which would be in furtherance of the public interest in marketing the commission's bonds at the lowest possible costs. Any underwriter may apply to have its name placed on the roster, but may not be placed on the roster unless it demonstrates to the commission's satisfaction that it meets the requirements of this section.(2) Whenever the commission decides that it needs the services of an underwriter, it shall provide all underwriters on the roster with a notice of its intentions and shall invite each of them to submit to the commission an itemization of its fees and other charges for providing underwriting services on the issue. The itemization shall be by categories designed by the commission. The commission shall have wide discretion in selecting the underwriter it considers to be most appropriate to provide the services, but in the exercise of this discretion the commission shall consider the underwriter's fees and other charges and the public interest in achieving both savings in the total costs of underwriting services and issuance of bonds on terms most favorable to the commission.[ 1983 c 161 § 10.]
WA Rev Code § 43.180.110 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.110 - Review of initial policies adopted under RCW 43.180.090 and 43.180.100—Adoption—Change.

RCW 43.180.110 Review of initial policies adopted under RCW 43.180.090 and 43.180.100—Adoption—Change.The commission shall submit the initial policies adopted under RCW 43.180.090 and 43.180.100 to the chief clerk of the house and the secretary of the senate for transmittal to and review by the appropriate standing committees and the joint administrative rules review committee. By January 1, 1984 the commission shall have adopted policies in the form of rules and regulations under chapter 34.05 RCW. Such rules and regulations may only be changed or revised in accordance with chapter 34.05 RCW.[ 1983 c 161 § 11.]
WA Rev Code § 43.180.120 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.120 - Rules for fair allocation of bond proceeds for nonrental single-family housing.

RCW 43.180.120 Rules for fair allocation of bond proceeds for nonrental single-family housing.The legislature recognizes that the demand for mortgage loans for nonrental single-family housing will probably greatly exceed the supply of bond proceeds available to satisfy the demand. Therefore, the commission shall adopt rules providing procedures to assure that the bond proceeds available for that kind of housing shall be made available to qualified mortgagors in a fair and equitable manner.[ 1983 c 161 § 12.]
WA Rev Code § 43.180.130 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.130 - Protection of bondholders—Mortgage insurance.

RCW 43.180.130 Protection of bondholders—Mortgage insurance.The commission is encouraged to adopt policies which will assure that bondholders will be protected against the failure to make mortgage payments financed under this chapter. Such policies may require, among other things, mortgage insurance.[ 1983 c 161 § 13.]
WA Rev Code § 43.180.140 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.140 - Rules for energy efficiency.

RCW 43.180.140 Rules for energy efficiency.The commission shall adopt rules providing for financing assistance to implement cost-effective energy efficiency improvements.[ 1983 c 161 § 14.]
WA Rev Code § 43.180.150 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.150 - Bond issues—Terms—Issuance—Purchase, etc.

RCW 43.180.150 Bond issues—Terms—Issuance—Purchase, etc.(1) The commission's bonds shall bear such date or dates, mature at such time or times, be in such denominations, be in such form, be registered or registrable in such manner, be made transferable, exchangeable, and interchangeable, be payable in such medium of payment, at such place or places, be subject to such terms of redemption, bear such fixed or variable rate or rates of interest, be payable at such time or times, and be sold in such manner and at such price or prices, as the commission determines. The bonds shall be executed by the chair, by either its duly elected secretary or its treasurer, and by the trustee or paying agent if the commission determines to use a trustee or paying agent for the bonds. Execution of the bonds may be by manual or facsimile signature.(2) The bonds of the commission shall be subject to such terms, conditions, covenants, and protective provisions as are found necessary or desirable by the commission, including, but not limited to, pledges of the commission's assets, setting aside of reserves, limitations on additional forms of indebtedness, and the mortgaging of all or any part of the commission's real or personal property, then owned or thereafter acquired, and other provisions the commission finds are necessary or desirable for the security of bond holders.(3) Any security interest created in the unexpended bond proceeds and in the special funds created by the commission shall be immediately valid and binding against such moneys and any securities in which such moneys may be invested without commission or trustee possession thereof, and the security interest shall be prior to any party having any competing claim in such moneys or securities, without filing or recording pursuant to *chapter 62A.9 RCW and regardless of whether the party has notice of the security interest.(4) When issuing bonds, the commission may provide for the future issuance of additional bonds or parity debt on a parity with outstanding bonds, and the terms and conditions of their issuance. The commission may refund or advance refund any bond of the commission in accordance with chapter 39.53 RCW or issue bonds with a subordinate lien against the fund or funds securing outstanding bonds.(5) The chair of the state finance committee or the chair's designee shall be notified in advance of the issuance of bonds by the commission in order to promote the orderly offering of obligations in the financial markets.(6) The members of the commission and any person executing the bonds are not liable personally on the indebtedness or subject to any personal liability or accountability by reason of the issuance thereof.(7) The commission may, out of any fund available therefor, purchase its bonds in the open market.[ 1983 c 161 § 15.]NOTES:*Reviser's note: Chapter 62A.9 RCW was repealed in its entirety by 2000 c 250 § 9A-901, effective July 1, 2001. For later enactment, see chapter 62A.9A RCW.
WA Rev Code § 43.180.170 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.170 - Bond issues—Disposition of proceeds—Special fund.

RCW 43.180.170 Bond issues—Disposition of proceeds—Special fund.Proceeds from the sale of all bonds issued under this chapter received by the commission shall be deposited forthwith by the commission in any trust company, savings bank, savings and loan association, or bank having the powers of a trust company within or without the state, in a special fund or funds established for the particular purposes for which the bonds were issued and sold, which money shall not be funds of the state of Washington. Such fund or funds shall at all times be segregated and set apart from all other funds and held in trust for the purposes for which such bonds were issued as determined by the commission. Money other than bond sale proceeds received by the commission for these same purposes, such as private contributions or grants from the federal government, may be deposited in such fund or funds. Proceeds received from the sale of the bonds may also be used to defray the expenses of the commission in connection with and incidental to the issuance and sale of bonds, as well as expenses for studies, surveys, estimates, plans, inspections, and examinations of or incidental to the purposes for which the bonds were issued, and other costs advanced therefor by third parties or by the commission. In lieu of the commission receiving and handling these moneys in the manner outlined in this section, the commission may appoint trustees, depositaries, paying agents, and other financial institutions within or without the state to perform the functions outlined and to receive, hold, disburse, invest, and reinvest such funds on its behalf and for the protection of the bondholders.[ 1983 c 161 § 17.]
WA Rev Code § 43.180.180 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.180 - Bond issues—Disposition of revenues—Special trust fund.

RCW 43.180.180 Bond issues—Disposition of revenues—Special trust fund.All revenues received by the commission including funds received from contributions or grants or in any other form to pay principal of and interest on bonds or for other bond requirements such as reserves shall be deposited by the commission in any trust company, savings bank, savings and loan association, or bank having the powers of a trust company within or without the state, to the credit of a special trust fund or funds. The commission may establish a bond fund or funds, and a reserve, sinking fund and other accounts therein, for payment of principal and interest and for other special requirements of the bonds as determined by the commission. In lieu of the commission receiving and handling these moneys as outlined in this section, the commission may appoint trustees, depositaries, paying agents, and other financial institutions to perform the functions outlined and to receive, hold, disburse, invest, and reinvest such funds on its behalf and for the protection of the bondholders. Such revenues and funds, whether received and held by the commission or by others on its behalf, shall not be or constitute public funds of the state of Washington but at all times shall be kept segregated and apart from all other funds.[ 1983 c 161 § 18.]
WA Rev Code § 43.180.190 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.190 - Legal investments.

RCW 43.180.190 Legal investments.Bonds issued under this chapter are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies in their commercial departments, savings banks, cooperative banks, banking associations, investment companies, executors, trustees and other fiduciaries, and all other persons whatsoever who are now or may hereafter be authorized to invest in obligations of the state may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivisions of the state for any purpose for which the deposit of bonds and other obligations of the state are now or may hereafter be authorized by law.[ 1983 c 161 § 19.]
WA Rev Code § 43.180.220 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.220 - Housing finance program—Mortgage financing—Investments—Flexible loan underwriting guidelines.

RCW 43.180.220 Housing finance program—Mortgage financing—Investments—Flexible loan underwriting guidelines.The commission, in cooperation with the *department of community, trade, and economic development, and the state investment board, shall develop and implement a housing finance program that:(1) Provides subsidized or unsubsidized mortgage financing for single-family homeownership, including a single condominium unit, located in the state of Washington;(2) Requests the state investment board to make investments, within its policies and investment guidelines, in mortgage-backed securities that are collateralized by loans made within the state of Washington; and(3) Provides flexible loan underwriting guidelines, including but not limited to provisions that will allow reduced downpayment requirements for the purchaser.[ 1994 c 235 § 1.]NOTES:*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.Severability—1994 c 235: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1994 c 235 § 4.]
WA Rev Code § 43.180.230 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.230 - Housing finance program—Program elements.

RCW 43.180.230 Housing finance program—Program elements.The housing finance program developed under RCW 43.180.220 shall:(1) Be limited to borrowers with incomes that do not exceed one hundred fifteen percent of the state or county median family income, whichever is higher, adjusted for family size;(2) Be limited to first-time home buyers as defined in RCW 43.185A.010;(3) Be targeted so that priority is given to low-income households as defined in RCW 43.185A.010;(4) To the extent funds are made available, provide either downpayment or closing costs assistance to households eligible for assistance under chapter 43.185A RCW and this chapter; and(5) Provide notification to active participants of the state retirement systems managed by the department of retirement systems under chapter 41.50 RCW.[ 1994 c 235 § 2.]NOTES:Severability—1994 c 235: See note following RCW 43.180.220.
WA Rev Code § 43.180.240 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.240 - Housing finance program—Report to legislature annually—Implementation.

RCW 43.180.240 Housing finance program—Report to legislature annually—Implementation.(1) The commission shall submit to the legislature in its annual report a summary of the progress of the housing finance program developed under RCW 43.180.220. The report shall include, but not be limited to the number of loans made and location of property financed under RCW 43.180.220 and 43.180.230.(2) The commission shall take such steps as are necessary to ensure that RCW 43.180.220 and 43.180.230 are implemented on June 9, 1994.[ 1994 c 235 § 3.]NOTES:Severability—1994 c 235: See note following RCW 43.180.220.
WA Rev Code § 43.180.250 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.250 - Veteran homeownership downpayment assistance program—Rules.

RCW 43.180.250 Veteran homeownership downpayment assistance program—Rules.(1) By January 1, 2007, the Washington state housing finance commission shall create and implement a veteran homeownership downpayment assistance program to work in conjunction with the commission's housing finance programs. The program will assist the following individuals purchase a home:(a) Washington state residents who are veterans, as defined by RCW 41.04.007;(b) Members and former members of the Washington national guard and reserve; and(c) Never remarried spouses and dependent children of deceased veterans, as defined by RCW 41.04.007.(2) The commission shall adopt rules providing procedures to assure that the downpayment assistance program is available for qualified veterans in a fair and equitable manner.[ 2006 c 252 § 1.]
WA Rev Code § 43.180.260 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.260 - Sustainable energy trust program.

RCW 43.180.260 Sustainable energy trust program.(1) If economically feasible, the commission shall develop and implement a sustainable energy trust program to provide financing for qualified improvement projects. In developing the sustainable energy trust program, the commission shall establish eligibility criteria for financing that will enable it to choose eligible applicants who are likely to repay loans made or acquired by the commission and funded from the proceeds of commission bonds.(2) The commission shall, if economically feasible:(a) Issue bonds, as defined in RCW 43.180.020, for the purpose of financing loans for qualified energy efficiency and renewable energy improvement projects in accordance with RCW 43.180.150;(b) Participate fully in federal and other governmental programs and take actions that are necessary and consistent with this chapter to secure to itself and the people of the state the benefits of programs to promote energy efficiency and renewable energy technologies;(c) Contract with a certifying authority to accept applications for energy efficiency and renewable energy improvement projects, to review applications, including binding fixed price bids for the improvements, and to approve qualified improvements for financing by the commission. For solar electric systems, the certifying authority must use an application certification process similar to the investment cost recovery incentive application process provided under RCW 82.16.120. No work by a certifying authority may commence under this section until a request has been made by the commission; and(d) Before entering into a contract with a certifying authority as defined in RCW 43.180.020(2)(b), consult with the Washington State University energy extension [extension energy] program to determine which potential improvement technologies are appropriate.(3) No general fund resources may be expended to implement this section.[ 2009 c 65 § 3.]NOTES:Intent—Finding—2009 c 65: See note following RCW 43.180.020.
WA Rev Code § 43.180.265 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.180 - Housing Finance Commission.|43.180.265 - Aviation biofuels facilities and production—Bond issuance—Financing powers—Definitions.

RCW 43.180.265 Aviation biofuels facilities and production—Bond issuance—Financing powers—Definitions.(1) The commission may:(a) Issue bonds for the purpose of financing all or part of the project costs of facilities that are primarily for the production, processing, or handling of aviation biofuels or for the production, processing, or handling of nonfossil biogenic feedstocks to be used in the production of aviation biofuels;(b) Make or purchase loans for financing of these facilities; or(c) Enter into financing documents relating to the repayment of those loans or the provision of, or security for, debt service on the bonds.(2) In connection with the financing of project costs of facilities that are primarily for the production, processing, or handling of aviation biofuels, the commission may exercise the other powers granted the commission under this chapter, including the requirements under RCW 43.180.170 and 43.180.180.(3) For the purposes of this section:(a) "Aviation biofuels" means fuels for aviation from nonfossil biogenic feedstocks that meet the fuel quality technical standards of the American society for testing materials for aviation fuels and coproducts.(b) "Facilities" means land, rights in land, buildings, structures, equipment, landscaping, utilities, approaches, roadways and parking, handling and storage areas, and similar ancillary facilities.(c) "Financing document" means a lease, sublease, installment sale agreement, conditional sale agreement, loan agreement, mortgage, deed of trust guaranty agreement, or other agreement for the purpose of providing funds to pay or secure debt service on bonds.(d) "Project costs" means costs of:(i) Acquisition, construction, and improvement of any facilities included in a facility;(ii) Architectural, engineering, consulting, accounting, and legal costs related directly to the development, financing, and construction of a facility, including costs of studies assessing the feasibility of a facility;(iii) Finance costs, including discounts, if any, the costs of issuing bonds, and costs incurred in carrying out any trust agreement;(iv) Interest during construction and during the six months after estimated completion of construction, and capitalized debt service or repair and replacement or other appropriate reserves;(v) The refunding of any outstanding obligations incurred for any of the costs outlined in this subsection; and(vi) Other costs incidental to any of the costs listed in this section.[ 2012 c 63 § 3.]NOTES:Findings—Intent—2012 c 63: See note following RCW 43.157.010.