Rapid housing fund makes historic investments in Seattle affordable housing

OLYMPIA — Upon the announcement today by the Washington Department of Commerce of $131 million in grants to 40 affordable housing projects around the state, Sen. David Frockt (D-Seattle), vice chair for the Capital Budget on the Senate Ways & Means Committee and lead sponsor of the budget’s new Rapid Housing Fund, released this statement:

“When we established the new rapid housing fund this year, our goal was for the state to partner with local governments, non-profits and the private sector to make units available at the pace we need them – not in three or four years but within months. I am pleased that these grants do just that. “These grants will allow the rapid acquisition of 184 affordable ...

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