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June 11, 2018
SEATTLE — The Washington Department of Commerce will receive $500,000 in supplemental revolving loan funding from the Environmental Protection Agency.
It's part of $15.7 million in funding the federal agency is providing to assist with cleaning up contaminated brownfield properties around the country.
Washington's share will help with cleanups at the former Northern State Hospital property in Sedro-Woolley, which is slated to house start-up companies, and at affordable-housing sites.
The state Department of Commerce has operated a brownfield revolving loan fund program since 2002. Past loan projects have included affordable- and senior-housing developments such as Hearthstone and Rainier Court in Seattle and Kendall Yards in Spokane.