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Stimulus funds to enhance housing and community development programs

Vancouver, WA - May 18, 2009 - (RealEstateRama) — The American Recovery and Reinvestment Act (ARRA) of 2009, signed into law last February, will infuse more than $6 million into Clark County’s housing and community development programs. Planning is underway for the management and distribution of funds.

State Awards $11.5 Million in Community Development Block Grants

Olympia, WA - April 29, 2009 - (RealEstateRama) — The Washington State Department of Community, Trade and Economic Development (CTED) today announced Community Development Block Grant (CDBG) General Purpose Grants for over $11.5 million dollars to 14 cities and counties throughout the state.

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KCHA spearheads successful effort to preserve nine subdized apartment complexes in...

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.

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Calmwater Capital Originates $7.6 Million Loan for WSU Student Housing

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed property, known as College Crest Apartments, is located at 1555 NE Merman Drive in Pullman, Washington.