HomeMy WebLinkAbout092922 FW_ Rapid Capital Housing Acquisition grants awarded
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From: Washington State Department of Commerce
Sent: Thursday, September 29, 2022 12:17:03 PM (UTC-08:00) Pacific Time (US & Canada)
To: Greg Brotherton
Subject: Rapid Capital Housing Acquisition grants awarded
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ALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them.
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$77.9 million awarded to acquire 7 properties that will create 390 housing units
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sept. 29, 2022
$77.9 million awarded to acquire seven properties for rapid conversion
Funding will create 390 units of housing
Department of Commerce has awarded approximately $77.9 million in grants to seven affordable housing projects throughout the state in the first 2022 round of the Rapid Capital Housing
Acquisition (RCHA) program.
This funding will create 390 units of affordable housing for people experiencing or at risk of homelessness. These include five new apartment buildings, one hotel in Yakima and one single
family home to serve individuals with intellectual and developmental disabilities.
View the list of awards <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4MTEiLCJ1cmwiOiJodHRwczovL2RlcHRvZmNvbW1
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View a map of awarded projects <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4MTEiLCJ1cmwiOiJodHRwczovL3B1Ymxp
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4941866499-l> (Tableau)
Additionally, three projects requesting $8.5 million have been wait-listed pending evaluation of due diligence and/or availability of funding after the next round.
The RCHA program provides funding to acquire real property for rapid conversion into enhanced emergency shelters, permanent supportive housing, transitional housing, permanent housing,
youth housing or shelter for people with extremely low incomes and people experiencing sheltered and unsheltered homelessness in Washington state. The program helps organizations acquire
properties capable of housing people swiftly with minimal updates and with evidence of local support.
The 2022 Rapid Capital Housing Acquisition NOFA (#MHU-2022-05) <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDMsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4
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(Box documents) identified specific funding requirements and priorities, the process for applying, and dates of significance for applicants.
$84.7 million still available
Round 2 of the 2022 Rapid Capital Housing Acquisition funding opportunity will be announced via an updated NOFA on Oct. 26, 2022.
Funding is distributed on a regional basis to ensure the whole state is served, which includes $20 million set aside for rural communities. Several regions have not yet had qualified
projects request funding. (Region definitions are in the current NOFA documents <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDQsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMj
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99-l> .)
Available Round 2 funding remaining by region:
Great Rivers
$ 7,900,000
Greater Columbia
$ 6,554,319
King
$ 776,675
North Central
$ 3,500,000
North Sound
$18,735,299
Pierce
$21,300,000
Salish
$ 6,300,000
Southwest
0
Spokane
$14,000,000
Thurston-Mason
$ 7,900,000
Local governments, housing authorities, non-profits, tribal governments and other eligible groups from regions with significant remaining funds are strongly encouraged to apply.
If funding is not fully allocated after Round 2, Commerce will engage the Policy Advisory Team and public stakeholders to evaluate whether to proceed with a third round application in
the spring of 2023, address project funding gaps due to inflation, or spur projects placed on the wait list after the upcoming Traditional Housing Trust Fund round this fall.
LEARN MORE <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDUsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4MTEiLCJ1cmwiOiJodHRwczovL2RlcHRvZmNvbW1lcmNlLmFwcC5i
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Questions? Please contact htfapp@commerce.wa.gov <mailto:htfapp@commerce.wa.gov>
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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
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low incomes and people experiencing sheltered and unsheltered homelessness in Washington state. The program helps organizations acquire properties capable of housing people swiftly with
minimal updates and with evidence of local support.
The 2022 Rapid Capital Housing Acquisition NOFA (#MHU-2022-05) <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDMsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4
MTEiLCJ1cmwiOiJodHRwczovL2RlcHRvZmNvbW1lcmNlLmFwcC5ib3guY29tL3MvN2VnMzNmZ2NzbDQxd29kM2Fxdm5mMmRkeXJiYjIycjIifQ.m1PKHYJN9G4_psXhKHyYNP0GJ_Sjc4IMju19CGB6aRs/s/1521873457/br/144941866499-l>
(Box documents) identified specific funding requirements and priorities, the process for applying, and dates of significance for applicants.
$84.7 million still available
Round 2 of the 2022 Rapid Capital Housing Acquisition funding opportunity will be announced via an updated NOFA on Oct. 26, 2022.
Funding is distributed on a regional basis to ensure the whole state is served, which includes $20 million set aside for rural communities. Several regions have not yet had qualified
projects request funding. (Region definitions are in the current NOFA documents <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDQsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMj
AyMjA5MjkuNjQ0MjY4MTEiLCJ1cmwiOiJodHRwczovL2RlcHRvZmNvbW1lcmNlLmFwcC5ib3guY29tL3MvN2VnMzNmZ2NzbDQxd29kM2Fxdm5mMmRkeXJiYjIycjIifQ.tl9Y2rTzLuDyujmu3LKR5lh4auKg8djZ3ywKrrlV1og/s/1521873457/br/1449418664
99-l> .)
Available Round 2 funding remaining by region:
Great Rivers
$ 7,900,000
Greater Columbia
$ 6,554,319
King
$ 776,675
North Central
$ 3,500,000
North Sound
$18,735,299
Pierce
$21,300,000
Salish
$ 6,300,000
Southwest
0
Spokane
$14,000,000
Thurston-Mason
$ 7,900,000
Local governments, housing authorities, non-profits, tribal governments and other eligible groups from regions with significant remaining funds are strongly encouraged to apply.
If funding is not fully allocated after Round 2, Commerce will engage the Policy Advisory Team and public stakeholders to evaluate whether to proceed with a third round application in
the spring of 2023, address project funding gaps due to inflation, or spur projects placed on the wait list after the upcoming Traditional Housing Trust Fund round this fall.
LEARN MORE <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDUsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA5MjkuNjQ0MjY4MTEiLCJ1cmwiOiJodHRwczovL2RlcHRvZmNvbW1lcmNlLmFwcC5i
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Questions? Please contact htfapp@commerce.wa.gov <mailto:htfapp@commerce.wa.gov>
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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
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