reglab/housing_qa huggingface dataset:
WA Rev Code § 43.163.140 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.140 - Nonrecourse revenue bonds—Contracts—Restrictions.

RCW 43.163.140 Nonrecourse revenue bonds—Contracts—Restrictions.(1) Bonds issued by the authority under this chapter shall not be deemed to constitute obligations, either general, special or moral, of the state or of any political subdivision of the state, or pledge of the faith and credit of the state or of any political subdivision, or general obligations of the authority. The bonds shall be special obligations of the authority and shall be payable solely from the special fund or funds created by the authority for their repayment. The issuance of bonds under this chapter shall not obligate, directly, indirectly, or contingently, the state or any political subdivision of the state to levy any taxes or appropriate or expend any funds for the payment of the principal or the interest on the bonds. The substance of the limitations included in this paragraph shall be plainly printed, written, engraved, or reproduced on each bond and in any disclosure document prepared in conjunction with the offer and sale of bonds.(2) Neither the proceeds of bonds issued under this chapter nor any money used or to be used to pay the principal of, premium, if any, or interest on the bonds shall constitute public money or property. All of such money shall be kept segregated and set apart from funds of the state and any political subdivision of the state and shall not be subject to appropriation or allotment by the state or subject to the provisions of chapter 43.88 RCW.(3) Contracts entered into by the authority shall be entered into in the name of the authority and not in the name of the state. The obligations of the authority under such contracts shall be obligations only of the authority and shall not, in any way, constitute obligations of the state.[ 1989 c 279 § 15.]
WA Rev Code § 43.163.150 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.150 - Nonrecourse revenue bonds—Financing documents, scope.

RCW 43.163.150 Nonrecourse revenue bonds—Financing documents, scope.The authority may enter into financing documents with borrowers regarding bonds issued by the authority that may provide for the payment by each borrower of amounts sufficient, together with other revenues available to the authority, if any, to: (1) Pay the borrower's share of the fees established by the authority; (2) pay the principal of, premium, if any, and interest on outstanding bonds of the authority issued in respect of such borrower as the same shall become due and payable; and (3) create and maintain reserves required or provided for by the authority in connection with the issuance of such bonds. The payments shall not be subject to supervision or regulation by any department, committee, board, body, bureau, or agency of the state other than the authority.[ 1989 c 279 § 16.]
WA Rev Code § 43.163.160 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.160 - Nonrecourse revenue bonds—Money received shall be trust funds.

RCW 43.163.160 Nonrecourse revenue bonds—Money received shall be trust funds.All money received by or on behalf of the authority with respect to this issuance of its bonds shall be trust funds to be held and applied solely as provided in this chapter. The authority, in lieu of receiving and applying the moneys itself, may enter into trust agreement or indenture with one or more banks or trust companies having the power and authority to conduct trust business in the state to:(1) Perform all of any part of the obligations of the authority with respect to: (a) Bonds issued by it; (b) the receipt, investment and application of the proceeds of the bonds and money paid by a participant or available from other sources for the payment of the bonds; (c) the enforcement of the obligations of a borrower in connection with the financing or refinancing of any project; and (d) other matters relating to the exercise of the authority's powers under this chapter;(2) Receive, hold, preserve, and enforce any security interest or evidence of security interest granted by a participant for purposes of securing the payment of the bonds; and(3) Act on behalf of the authority or the owners of bonds of the authority for purposes of assuring or enforcing the payment of the bonds, when due.[ 1989 c 279 § 17.]
WA Rev Code § 43.163.170 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.170 - Nonrecourse revenue bonds—Owner and trustee, enforcement of rights.

RCW 43.163.170 Nonrecourse revenue bonds—Owner and trustee, enforcement of rights.Any owner of bonds of the authority issued under this chapter, and the trustee under any trust agreement or indenture, may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any of their respective rights, and may become the purchaser at any foreclosure sale if the person is the highest bidder, except to the extent the rights given are restricted by the authority in any bond resolution or trust agreement or indenture authorizing the issuance of the bonds.[ 1989 c 279 § 18.]
WA Rev Code § 43.163.180 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.180 - Nonrecourse revenue bonds as legal investment.

RCW 43.163.180 Nonrecourse revenue bonds as legal investment.The bonds or [of] the authority are securities in which all public officers and bodies of this state and all counties, cities, municipal corporations and political subdivisions, all banks, eligible banking organizations, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, insurance companies and associations, and all executors, administrators, guardians, trustees and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control.[ 1989 c 279 § 19.]
WA Rev Code § 43.163.190 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.190 - Chapter as an alternative bond issuance method.

RCW 43.163.190 Chapter as an alternative bond issuance method.This chapter provides a complete, additional and alternative method for accomplishing the purposes of this chapter and shall be regarded as supplemental and additional to powers conferred by other laws. The issuance of bonds and refunding bonds under this chapter need not comply with the requirements of any other law applicable to the issuance of bonds.[ 1989 c 279 § 20.]
WA Rev Code § 43.163.200 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.163 - Economic Development Finance Authority.|43.163.200 - Construction.

RCW 43.163.200 Construction.Insofar as the provisions of this chapter are inconsistent with the provisions of any general or special law, or parts thereof, the provisions of this chapter are controlling.[ 1989 c 279 § 21.]
WA Rev Code § 43.167.003 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.003 - Definitions.

RCW 43.167.003 Definitions.The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Community" means a group of people who reside or work in the geographic area established by the community preservation and development authority board or the proposal to create the authority and who currently or historically share a distinct cultural identity or local history.(2) "Community preservation and development authority" or "authority" means a public body corporate and politic and instrumentality of the state of Washington created by members of an impacted community.(3) "Constituency" means the general membership of the community preservation and development authority, which membership must be open to all persons eighteen years of age and over who are residents, property owners, employees, or business persons within the geographic boundaries established by the authority or the proposal to create the authority.(4) "Impacted community" means a community that has been adversely impacted by the construction of, or ongoing operation of, multiple major public facilities, public works, and capital projects with significant public funding or by other land use decisions.(5) "Major public facilities project, public works project, or capital project with significant public funding" means any capital project whose total cost exceeds ten million dollars. On July 1, 2019, and on July 1st of each odd-numbered year thereafter, the capital project cost threshold must be adjusted by the capital project cost adjustment factor for inflation established by the office of financial management.[ 2021 c 47 § 1; 2019 c 447 § 3.]NOTES:Findings—2019 c 447: See note following RCW 43.167.007.
WA Rev Code § 43.167.007 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.007 - Purpose.

RCW 43.167.007 Purpose.(1) Community preservation and development authorities are hereby created to restore or enhance the health, safety, and economic well-being of communities adversely impacted by the construction of, or ongoing operation of, multiple major public facilities, public works, and capital projects with significant public funding or by other land use decisions.(2) Community preservation and development authorities must have one or more of the following purposes:(a) To revitalize, enhance, and preserve the unique character of impacted communities;(b) To mitigate the adverse effects of multiple major public facilities projects, public works projects, or capital projects with significant public funding, a secure community transition facility as defined in RCW 71.09.020, or other land use decisions;(c) To restore a local area's sense of community;(d) To reduce the displacement of community members and businesses;(e) To stimulate the community's economic vitality;(f) To enhance public service provisions;(g) To improve the standard of living of community members; or(h) To preserve historic buildings or areas by returning them to economically productive uses that are compatible with or enhance their historic character.[ 2019 c 447 § 2.]NOTES:Findings—2019 c 447: "The legislature finds that:(1) Both state and local land use actions, such as the siting of major public facilities, public works, and capital projects with significant public funding, and other land use decisions, generally aim to accrue broad benefits to the people of Washington and local communities.(2) The local stakeholder community which bears the disproportionate costs of such a land use decision by absorbing the deleterious impacts of the decision are often overlooked or inadequately addressed. These impacts may include dislocation, displacement, and the overall disintegration of an identifiable existing community and its historical and cultural character.(3) The preservation and restoration of the character of such a community, and the community's historical and cultural character, are important public policy goals that can be achieved through the creation of community preservation and development authorities." [ 2019 c 447 § 1.]
WA Rev Code § 43.167.020 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.020 - Powers of authorities—Limitations.

RCW 43.167.020 Powers of authorities—Limitations.(1) A community preservation and development authority shall have the power to:(a) Accept gifts, grants, loans, or other aid from public or private entities;(b) Employ and appoint such agents, attorneys, officers, and employees as may be necessary to implement the purposes and duties of an authority;(c) Contract and enter into partnerships with individuals, associations, corporations, and local, state, and federal governments;(d) Buy, own, lease, and sell real and personal property;(e) Hold in trust, improve, and develop land;(f) Invest, deposit, and reinvest its funds;(g) Incur debt in furtherance of its mission; and(h) Lend its funds, property, credit, or services for corporate purposes.(2) A community preservation and development authority has no power of eminent domain nor any power to levy taxes or special assessments.(3) A community preservation and development authority that accepts public funds under subsection (1)(a) of this section:(a) Is subject in all respects to Article VIII, section 5 or 7, as appropriate, of the state Constitution, and to RCW 42.17A.550; and(b) May not use the funds to support or oppose a candidate, ballot proposition, political party, or political committee.[ 2011 c 60 § 40; 2009 c 516 § 2; 2007 c 501 § 4.]NOTES:Effective date—2011 c 60: See RCW 42.17A.919.
WA Rev Code § 43.167.030 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.030 - Duties of authorities.

RCW 43.167.030 Duties of authorities.A community preservation and development authority shall have the duty to:(1) Establish specific geographic boundaries for the authority within its bylaws based on the general geographic boundaries established in the proposal submitted and approved by the legislature;(2) Solicit input from members of its community and develop a strategic preservation and development plan to restore and promote the health, safety, and economic well-being of the impacted community and to restore and preserve its cultural and historical identity;(3) Include within the strategic plan a prioritized list of projects identified and supported by the community, including capital or operating components;(4) Establish funding mechanisms to support projects and programs identified in the strategic plan including but not limited to grants and loans;(5) Use gifts, grants, loans, and other aid from public or private entities to carry out projects identified in the strategic plan including, but not limited to, those that: (a) Enhance public safety; (b) reduce community blight; and (c) provide ongoing mitigation of the adverse effects of multiple publicly funded projects on the impacted community; and(6) Demonstrate ongoing accountability for its actions by:(a) Reporting to the appropriate committees of the legislature, one year after formation and every biennium thereafter, on the authority's strategic plan, activities, accomplishments, and any recommendations for statutory changes; (b) Reporting any changes in the authority's geographic boundaries to the appropriate committees of the legislature when the legislature next convenes in regular session;(c) Convening a local town hall meeting with its constituency on an annual basis to: (i) Report its activities and accomplishments from the previous year; (ii) present and receive input from members of the impacted community regarding its proposed strategic plan and activities for the upcoming year; and (iii) hold board member elections as necessary; and(d) Maintaining books and records as appropriate for the conduct of its affairs.[ 2009 c 516 § 3; 2007 c 501 § 5.]
WA Rev Code § 43.167.040 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.040 - Community preservation and development authority account.

RCW 43.167.040 Community preservation and development authority account.The community preservation and development authority account is created in the state treasury. The account is composed of two subaccounts, one for moneys to be appropriated for operating purposes, and the other for moneys to be appropriated for capital purposes. Moneys in the account may be spent only after appropriation. Expenditures from the account may be used only for projects under this chapter.[ 2007 c 501 § 7.]
WA Rev Code § 43.167.050 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.050 - Role of state and local government agencies.

RCW 43.167.050 Role of state and local government agencies.Prior to making siting, design, and construction decisions for future major public facilities, public works projects, or capital projects with significant public funding, state and local government agencies may:(1) Communicate and consult with the community preservation and development authority and impacted community, including assessing the compatibility of the proposed project with the strategic plan adopted by the authority; and(2) Make reasonable efforts to ensure that negative, cumulative effects of multiple projects upon the impacted community are minimized.[ 2007 c 501 § 8.]
WA Rev Code § 43.167.060 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.060 - Pioneer Square-International district community preservation and development authority.

RCW 43.167.060 Pioneer Square-International district community preservation and development authority.The legislature authorizes the establishment of the Pioneer Square-International district community preservation and development authority, which boundaries are those contained in the Pioneer Square-International district within the city of Seattle.[ 2007 c 501 § 6.]
WA Rev Code § 43.167.070 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.167 - Community Preservation and Development Authorities.|43.167.070 - Central district community preservation and development authority.

RCW 43.167.070 Central district community preservation and development authority.(1) The legislature finds that the Central district is identified as the oldest surviving residential neighborhood in Seattle where, historically, residents who faced housing and economic discrimination elsewhere in the city could settle and raise families, resulting in a richly diverse multicultural community. The legislature also finds that the Central district is widely recognized as the historical center of the Seattle African American community which is reflected in the historic buildings, institutions, and culture of the neighborhood. The legislature further finds that the Central district has been adversely impacted by public works, capital projects with significant public funding, and other land use decisions which have contributed to dislocation, displacement, and the disintegration of an identifiable existing community and its historical and cultural character. In addition, the legislature finds that members of the community who meet the definition of constituency contained in RCW 43.167.003(3) have submitted a proposal to form a community preservation and development authority to preserve, restore, and enhance the unique, history, culture, and character of the Central district.(2) The legislature authorizes the establishment of the Central district community preservation and development authority, which boundaries are those contained in the Central district within the city of Seattle, to preserve the unique character and history of the area pursuant to RCW 43.167.007.[ 2019 c 447 § 5.]
WA Rev Code § 43.168.010 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.168 - Rural Washington Loan Fund.|43.168.010 - Legislative findings and declaration.

RCW 43.168.010 Legislative findings and declaration.The legislature finds that:(1) The economic health and well-being of the state, particularly in areas of high unemployment, economic stagnation, and poverty, is of substantial public concern.(2) The consequences of minimal economic activity and persistent unemployment and underemployment are serious threats to the safety, health, and welfare of residents of these areas, decreasing the value of private investments and jeopardizing the sources of public revenue.(3) The economic and social interdependence of communities and the vitality of industrial and economic activity necessitates, and is in part dependent on preventing substantial dislocation of residents and rebuilding the diversification of the areas' economy.(4) The ability to remedy problems in stagnant areas of the state is beyond the power and control of the regulatory process and influence of the state, and the ordinary operations of private enterprise without additional governmental assistance are insufficient to adequately remedy the problems of poverty and unemployment.(5) The revitalization of depressed communities requires the stimulation of private investment, the development of new business ventures, the provision of capital to ventures sponsored by local organizations and capable of growth in the business markets, and assistance to viable, but under-financed, small businesses in order to create and preserve jobs that are sustainable in the local economy.Therefore, the legislature declares there to be a substantial public purpose in providing capital to promote economic development and job creation in areas of economic stagnation, unemployment, and poverty. To accomplish this purpose, the legislature hereby creates the rural Washington loan fund and vests in the *department of community, trade, and economic development the authority to spend federal funds to stimulate the economy of distressed areas.[ 1999 c 164 § 501; 1985 c 164 § 1.]NOTES:*Reviser's note: The "department of community, trade, and economic development" was renamed the "department of commerce" by 2009 c 565.Findings—Intent—Part headings and subheadings not law—Effective date—Severability—1999 c 164: See notes following RCW 43.160.010.
WA Rev Code § 43.168.040 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.168 - Rural Washington Loan Fund.|43.168.040 - Approval of applications for federal community development block grant funds for projects.

RCW 43.168.040 Approval of applications for federal community development block grant funds for projects.Subject to the restrictions contained in this chapter, the director is authorized to approve applications of local governments for federal community development block grant funds which the local governments would use to make loans to finance business projects within their jurisdictions. Applications approved by the director under this chapter shall conform to applicable federal requirements.[ 2005 c 136 § 4; 1987 c 461 § 3; 1985 c 164 § 4.]NOTES:Savings—Effective date—2005 c 136: See notes following RCW 43.168.020.
WA Rev Code § 43.168.055 (2021)
2021 Revised Code of Washington|Title 43 - State Government—Executive|Chapter 43.168 - Rural Washington Loan Fund.|43.168.055 - Application priorities.

RCW 43.168.055 Application priorities.In addition to the requirements of RCW 43.168.050, the department shall, subject to applicable federal funding criteria, give priority to applications that capitalize or recapitalize an existing or new local revolving fund based on criteria established by the department.[ 1999 c 164 § 503.]NOTES:Findings—Intent—Part headings and subheadings not law—Effective date—Severability—1999 c 164: See notes following RCW 43.160.010.