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CBO Partnerships

New! (Updated June 2025)

BACKGROUND

This webpage is for Community-Based Organizations (CBOs) interested in developing and owning affordable housing with support from the Washington State Housing Finance Commission (WSHFC). The Commission is focusing on building relationships with these CBOs as part of its renewed commitment to equity, transparency, and meaningful engagement. The Commission is beginning this work in the Bond/4% program by building relationships with CBOs who have expressed a desire for support. This webpage serves as a starting point for engagement, fostering connections, and providing resources specifically for CBOs.

This is a page in development—please check back often as we update it with new resources, policies, and opportunities for engagement.

We want to partner with you, support you, and hear from you!
Learn more about us and tell us more about yourself here: Interest Form

CBO-DEVELOPER PARTNERSHIPS

CBO-Developer partnerships are intended to improve the experience of residents living in 4% buildings and promote the capacity development of Community-Based Organizations, particularly residents and communities from BIPOC and marginalized backgrounds. Points are allocated based on the inclusion of a CBO in operations, cashflow, and decision making, as well as the ownership share of a CBO.

Promising Practices: evolving examples of practices successful CBO partner projects receiving allocations since 2021.

PROGRAM CONNECTION POINTS

BOND/4% TAX CREDIT PROGRAM

The Bond/4% tax credit program provides financing for affordable apartments using federal tax-exempt bonds and Low Income Housing Tax Credits. In 2021, the Commission introduced new policies and scoring criteria for this competitive program, prioritizing developers who are Black, Indigenous, and People of Color (BIPOC) and community-based organizations.

Section 4.5 of the Bond/4% Tax Credit Policy attempts to codify a practice of including, expanding, and giving ownership to BIPOC-led and community-based organizations by allocating points based on the extent of these partnerships. Housing projects that involve and are owned by BIPOC-led and community-based organizations receive extra points in the competition.

We also award extra points when a housing developer includes a CBO in ownership, operations, cashflow, and decision making, as well as the engagement of potential residents. Encouraging these partnerships is intended to increase the development capacity of community-based organizations and improve the experience of residents in buildings financed through the program, especially residents who are BIPOC or from other marginalized communities.

RESOURCES FOR CBOS

Housing Development Consortium CBO Affinity Group

Housing Development Consortium CBO Affinity Group Meetings

Funding Opportunities — General

WA State Department of Commerce- Funding Opportunities for Multifamily Rental Housing

HUD Section 4 Capacity Building for Community Development and Affordable Housing Program

LISC Puget Sound Affordable Housing

Enterprise Community Partners PNW

Habitat for Humanity of Washington State Affiliate Members


Seattle/King County Resources

King County Housing and Community Development Funding Opportunities

King County Communities of Opportunity- Funding Opportunities

Seattle Office of Housing

Seattle Equitable Development Initiative

A Regional Coalition for Housing (ARCH)

Bellevue Housing Affordability


Tacoma/Pierce County Resources

Pierce County Affordable Housing

South Sound Affordable Housing Developer Portal

Tacoma-Pierce Couty Affordable Housing Consortium

Tacoma Community and Economic Development Division


Everett/Snohomish County Resources

Housing Development Consortium of Everett & Snohomish County

Snohomish County Division of Housing and Community Services

Snohomish County Applications for Available Funds

Everett Community, Planning, and Economic Development – Grant Opportunities


Olympia/Thurston County

Thurston County Affordable Housing and Community Development

Thurston Council Regional Homeless Council


Spokane/Spokane County

Spokane Low Income Housing Consortium

City of Spokane Funding Opportunities


Bellingham/Whatcom County

City of Bellingham Partnerships and Funding


Vancouver/Clark County

Vancouver Affordable Housing Fund

NONPROFIT FACILITIES

The Commission's Nonprofit Facilities Program is a smart way to save money and maximize your capital campaign. Relevant resources for nonprofits are available on the Nonprofit Facilities Webpage.

QUESTIONS

You are invited to start your relationship with WSHFC by reaching out to Keri Williams, Nonprofit and Community Outreach Lead.
Keri (she/her pronouns) can be reached at keri.williams@wshfc.org.

     

 
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