Public Funding Can Make a Difference

A Report on Multifamily Preservation Activities

In November 2001, the Washington State Housing Finance Commission completed a preservation study on affordable housing. The focus of this study was existing affordable housing properties financed in Washington State during the past 25 years by three major programs: the HUD project-based Section 8 program, the Low Income Housing Tax Credit program, and the USDA Rural Development program. The purpose of this study was to identify when the affordability contracts of these programs will expire for these properties, locate the properties by city and by county, and to investigate what restrictions are present from other public funders which might keep individual properties affordable beyond their contracts.  This report is intended to help inform and assist all public funding agencies in an effort to target available resources to save these properties from "opting out" of federal programs over the next ten years.

Letter from Executive Director Kim Herman (PDF) | Executive Summary (PDF) | Preservation Report (PDF)

Exhibit A: Section 8 Contracts

Sorted by Expiration Date (PDF) ( Excel) | Sorted by County (PDF) (Excel)

Exhibit B: Tax Credit Properties

The following two Excel spreadsheets contain "hidden" columns which contain additional information. To unhide columns, highlight the columns on either side of the hidden columns, right click, and choose "unhide."
Sorted by Expiration Date (PDF) (Excel)
Sorted by County (PDF) (Excel)

Exhibit C: Rural Development Properties

Sorted by Expiration Date (PDF)
Sorted by County (PDF)

Exhibit D: Number of Expirations by County

All Programs (PDF) (Excel)

This page was posted on 02/06/2002.