Working with the Housing Finance Commission was a remarkable experience. They provided professional guidance and support in purchasing my dream home. The attention to detail and prompt responses made me feel valued as a customer. I highly recommend their services to anyone in need of housing finance assistance.
👏 I'm extremely satisfied with the Washington State Housing Finance Commission. Their support throughout the home-buying process was invaluable. I can't thank them enough for making my dreams come true!
I recently worked with a housing finance commission and they were fantastic. The support they provided throughout the entire process was invaluable. They were always responsive, knowledgeable, and guided me every step of the way. I'm incredibly grateful for their assistance.
🏠 The Washington State Housing Finance Commission is absolutely amazing! They made the home-buying process so much easier with their expertise and support. I cannot thank them enough!
Working with the Washington State Housing Finance Commission was a great decision. They provided exceptional service, answering all my questions and ensuring a seamless home-buying experience. I highly recommend their expertise and support.
Their services were exceptional! The team at the commission displayed an unparalleled level of professionalism and expertise. I'm grateful for their help and highly recommend them.
I had a great experience with the Washington State Housing Finance Commission. They were incredibly helpful in guiding me through the process of purchasing my first home. Their staff was knowledgeable, friendly, and always available to answer any questions I had. I would highly recommend them to anyone in need of housing assistance.
👍 The Housing Finance Commission is fantastic! They went above and beyond to guide me through the entire home-buying process, ensuring a smooth and stress-free journey. I highly recommend their services to anyone in need of housing finance assistance.
I just had a deal fall through on a property all at the last minute because they counted mine and my husband s overtime at our jobs and said we were over the income limit which nowhere near the income limit! They are not there for you at all! They don t tell you things until the last minute!
Washington State Housing Finance Commission: Increasing Housing Access and Affordability
The Washington State Housing Finance Commission is a publicly accountable, self-supporting team that is dedicated to increasing housing access and affordability for the people of Washington. The commission was established in 1983 by the state legislature to address the growing need for affordable housing in Washington. Since then, it has become one of the most successful housing finance agencies in the country.
The commission's mission is to provide affordable housing opportunities for low- and moderate-income families, seniors, and individuals with special needs. It achieves this by partnering with lenders, developers, and community organizations to create innovative financing solutions that make homeownership more accessible.
One of the commission's primary programs is its Home Advantage program. This program provides down payment assistance to first-time homebuyers who meet certain income requirements. The program also offers competitive interest rates on mortgages through participating lenders.
In addition to its Home Advantage program, the commission offers a variety of other programs designed to increase access to affordable housing. These include:
- Multifamily Tax Exemption Program: This program provides property tax exemptions for new multifamily developments that set aside a portion of their units for low-income residents.
- Veterans Downpayment Assistance Loan Program: This program provides down payment assistance loans to eligible veterans who are purchasing homes in Washington.
- EnergySpark Home Loan Program: This program offers reduced interest rates on mortgages for homes that meet certain energy efficiency standards.
The commission also works closely with local governments and community organizations throughout Washington to develop affordable housing projects. It provides technical assistance and financing options for these projects, which range from single-family homes to large-scale apartment complexes.
In addition to its focus on affordable housing, the commission is committed to expanding access to quality community services throughout Washington. It partners with local organizations and government agencies on projects related to healthcare, education, transportation, and economic development.
Overall, the Washington State Housing Finance Commission plays a critical role in addressing one of the most pressing issues facing our state – access to affordable housing. Its innovative programs have helped thousands of families achieve their dream of homeownership while also supporting economic growth across our communities.
If you're interested in learning more about how the commission can help you achieve your homeownership goals or support your community development project please visit their website at wshfc.org
wshfc.org
