Applications open for affordable multifamily rental projects – Rapid Capital funding available (NOFA#MHU-2026-05)

Opportunity Type: Notice of Funding Opportunity (NOFO) Close Date: June 15, 2026 Important Dates: Technical Assistance Office Hours 1: Wednesday, May 13, 1 PT Technical Assistance Office Hours 2: Tuesday, May 26, 1 PT Deadline for technical assistance inquiries: Monday, June 8, 12 PT Application deadline: Monday, June 15, 12 PT What funding is available? The Department of Commerce (Commerce) is soliciting applications for Multifamily Rental affordable housing projects seeking capital funding from the state Rapid Capital Housing Acquisition (RCHA) program . RCHA funds the acquisition of real property for a rapid conversion into: Enhanced emergency shelters Permanent supportive housing Transitional housing, permanent housing Youth housing, or Shelter for extremely low-income people, as well as youth, and young people experiencing sheltered and unsheltered homelessness Who is eligible? Local governments Local housing authorities Nonprofit community or neighborhood-based organizations Federally recognized Indian tribes in the state of Washington Regional or statewide nonprofit housing assistance organizations Eligible organizations are also required to be in compliance with applicable revenue and taxation laws at the time the award is made. Training and resources We invite applicants to attend our technical assistance office hours to ask questions and seek further clarification. Note that in each session, Commerce staff will provide an overview of the funding opportunity and application process, and respond to questions posed by attendees. Registration is required. Register for our session on Wednesday, May 13 at 1 PT Register for our session on Tuesday, May 26 at 1 PT Applicants can access technical assistance April 15 through June 8. Applicants may also request waivers from certain NOFA requirements during this time. How do I apply? Download and carefully review the NOFA #MHU-2026-05  for specific information regarding funding requirements and priorities, the process for submitting an application, and dates of significance. View the Rapid Capital Housing Acquisition NOFA (#MHU-2026-05) on Box Applications are due to the Department of Commerce by 12 Pacific on Monday, June 15. Contact Please submit any questions to [email protected] . Please indicate in the subject line that your inquiry is related to “ Rapid Capital Housing Acquisition NOFA #MHU-2026-05”.

Applications open for affordable multifamily rental projects – Rapid Capital funding available (NOFA#MHU-2026-05) – Washington State Department of Commerce img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !importa