Application open for rapid capital housing acquisition funding: $84.7 million

Washington State Department of Commerce sent this bulletin at 10/25/2022 07:49 AM PDT

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oct. 25, 2022

Application Open - Round 2

$84.7 million available to acquire housing for individuals experiencing or at risk of homelessness

The Department of Commerce has posted a Notice of Funding Availability (NOFA) soliciting applications for the next phase of the Rapid Capital Housing Acquisition (RCHA) program.

Over $84.7 million is available in this round. Funding will be distributed by region.

View 2022 Rapid Capital Housing Acquisition Phase II NOFA (#MHU-2022-06)

RCHA program has funded over 1,600 units of housing since 2021

The RCHA program provides funding to acquire real property for rapid conversion into enhanced emergency shelters, permanent supportive housing, transitional housing, permanent housing, youth housing or shelter for people with extremely low incomes and people experiencing sheltered and unsheltered homelessness in Washington state. The program helps organizations acquire properties capable of swiftly housing people with minimal updates and evidence of local support.

Commerce distributes funding for the Rapid Capital Housing Acquisition program by region. The table below shows estimated distribution amounts for each county for this round.

Region

Funding Available

Great Rivers

$  7,900,000

Greater Columbia

$  6,554,319

King

$    776,675

North Central

$  3,500,000

North Sound

$18,375,299

Pierce

        -                    

Salish

$  6,300,000

Southwest

         -  

Spokane

$14,000,000

Thurston-Mason

$  7,900,000

Rural set- aside (in statute)

$19,400,000

TOTAL

$84,706,293

RCHA Regions

Washington state map of RCHA funding regions

Application details and assistance

The 2022 Rapid Capital Housing Acquisition Phase II NOFA (#MHU-2022-06) identifies specific funding requirements and priorities, the process for applying, and dates of significance for applicants.

DEADLINE: Project applications are due Jan. 12, 2023

Technical assistance and answers clarifying application questions are available from Oct. 26, 2022 to Jan. 5, 2023.

Additional resources are available on the Resources & Trainings page on Commerce’s Housing Trust Fund website.

For questions, contact htfapp@commerce.wa.gov.