Housing Trust Fund investment will build or rehab over 1,600 units for people in need and support over 1,800 jobs now, 500 permanent jobs after completion
OLYMPIA, WA – November 2, 2011 – (RealEstateRama) — The Washington State Department of Commerce awarded more than $48 million from the state’s Housing Trust Fund for 47 affordable housing projects across the state. Approximately 1,647 housing units will be built or rehabilitated. The projects will directly support an estimated 1,800- 2,000 jobs, with about 500 local jobs supported annually once the projects are completed.
“The affordable housing and jobs provided by these projects are invaluable to Washington’s communities as need has increased during this recession,” said Gov. Chris Gregoire. “Struggling families and individuals will have more safe housing options, and communities will benefit from the jobs created.”