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RAPID RESPONSE PROGRAM

Rapid Response Program (RRP):   Public Notice (PDF) | Program Description (PDF) |  Request for Developer Concept Proposals (PDF) | Engrossed HB3142 (PDF)

WSHFC 1983-2008: 25 Years

Rapid Response Program (RRP)

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The Rapid Response Program (RRP) is a loan program to assist eligible Washington organizations purchase real property for the preservation or development of affordable housing and community facilities.

 

These properties must be located in rapidly gentrifying or redeveloping areas, or in communities with a significant low-income population that is threatened with displacement by such gentrification. The intent of this program is to position eligible organizations to quickly respond to those market conditions that threaten affordable housing and communities. 

 

Note: RRP loans are not intended to pay construction or rehabilitation costs.

 

LATEST NEWS AND HIGHLIGHTS

Approximate funds available:
  $10,000,000  
As of 07/25/2008

Questions about the Rapid Response Program? 

Please contact Bob Peterson at the Commission at 206.464.7139 or 800.767.4663 in WA or email  askusRRP@wshfc.org.

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