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July 10, 2025

$419M boost for housing projects

By JOURNAL STAFF

OLYMPIA — The State Department of Commerce's Multifamily Housing Unit (MHU) plans to invest $419 million statewide in the next two years on affordable multifamily housing development, such as new construction, acquisitions and rehabilitation.

MHU's 2025-27 Biennial Investment Strategy includes new development, rehabilitation, and more for people who are low-income, have experienced chronic homelessness, have intellectual and developmental disabilities and others who have experienced obstacles to housing stability.


 
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