The money comes from the Washington State Department of Commerce and will help construct units of affordable housing and provide affordability subsidies.
SPOKANE, Wash — The Washington State Department of Commerce announced investments of $17.95 million into 17 projects across the state to create affordable homeownership opportunities, including projects in Spokane and Okanogan Counties.
The funded projects consist of new construction, down payment assistance and affordability subsidies.
“Homeownership is deeply personal. For many, it’s the biggest investment they’ll ever make. We hope this funding not only strengthens families but also empowers communities across Washington state to thrive and build lasting success,” said Commerce Director Joe Nguyễn.
In Spokane, Habitat for Humanity will receive $715,000 to construct 11 new units of affordable housing. The total development cost for the units is estimated to be around $3.7 million.
Commerce Director Nguyễn noted the impact of homeownership programs on the state’s affordable housing …