Commerce invests $312.6 million in affordable housing and homeownership opportunities for Washington residents with low incomes

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“The Washington State Department of Commerce today announced historic investments totaling $312.6 million to address the urgent need for affordable housing in communities throughout Washington state. Lack of affordable housing and sufficient supportive housing options for vulnerable populations are top contributors to chronic homelessness. It is estimated that over 1.1 million new housing units must be added across Washington state over the next 20 years to meet projected needs at all income levels.”

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