HOME | SITE MAP | SEARCH | CONTACT         Facebook   Twitter
Celebrating 30 Years: 1983-2013 
   30-Year Story & Timeline Book...
My View: Celebrating 30 Years...

Rapid Response Program

The Rapid Response Program was initiated by the Washington State Legislature to help eligible organizations react to market conditions that threaten affordable rental housing. This Program helps nonprofits to quickly acquire properties, including land, building or mobile home parks, for the preservation or development of affordable housing and community facilities. 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. These loans are not intended to pay construction or rehabilitation costs.

Program Description (PDF)

The Rapid Response Program has financed nine affordable housing projects, including providing funds to purchase two parcels in Seattle and assisting in three projects in Spokane. It has also helped to preserve two domestic violence shelters. Rapid Response earned a Program Excellence Award from the National Council of State Housing Agencies.  


If you have questions about the Rapid Response Program, please contact Bob Peterson at 206.287.4454 or 800.767.4663 in WA or email Bob.Peterson@wshfc.org.

HOME | Privacy Policy   Facebook   Twitter
Administration | Careers | Commissioners | Housing Washington Conference | Events | My View | Publications
HOMEOWNERSHIP: Home Buyer Programs | Information for Lending & Real Estate Professionals
BOND FINANCING: Farmer & Rancher | Energy Programs | Multifamily Housing | Nonprofit Facilities
TAX CREDIT: LIHTC | Special Programs: Land Acquisition Program | Rapid Response Program
Property Managers: Asset Management & Compliance
INFORMATION FOR INVESTORS: Official Statements, Annual Reports, & Interim Information
Washington State Housing Finance Commission
1000 Second Avenue, Suite 2700, Seattle, WA 98104
Phone: 206.464.7139 or 800.767.4663 | Fax: 206-587-5113 | WebMaster@wshfc.org
© 1998-2014 All Rights Reserved