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RAPID RESPONSE PROGRAM |
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Rapid Response Program (RRP): Public Notice (PDF) | Program Description (PDF) | Request for Developer Concept Proposals (PDF) | Engrossed HB3142 (PDF) |
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Rapid Response Program (RRP)
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
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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Washington
State Housing Finance Commission:
Our Financing Programs: ©2008 Washington State Housing Finance Commission. All rights reserved. Web Manager: askus@wshfc.org |