Funding Awards and Compliance
Housing Finance Program
Fund source | Priorities and allowable uses of funds |
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2331 Document Recording Fee Surcharge for Homeless Housing |
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Regional Affordable Housing Program (RAHP) |
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HOME Investment Partnerships Program |
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Fund source | Priorities and allowable uses of funds |
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Veterans, Seniors & Human Services Levy |
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Mental Illness and Drug Dependency (MIDD) |
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Fund source | Priorities and allowable uses of funds |
---|---|
Transit-oriented development (TOD) bond funds |
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REDI acquisition fund partnership
The King County Department of Community and Human Services (DCHS) is one of four public funder agencies that have partnered with private funders to create a $21 million revolving acquisition loan fund for acquiring sites near high capacity and frequent transit that include affordable housing. Administered by Enterprise Community Partners, the Regional Equitable Development Initiative (REDI) Fund provides critical, early, low-cost financing for nonprofit and for-profit developers to acquire sites to preserve affordable housing or to develop new affordable and mixed-income housing. The REDI Fund is an important resource tool to help ensure that transit oriented neighborhoods in the region are equitable and economically diverse.
The REDI participating funders:
- King County, $ 1 million;
- City of Seattle, $ 1 million
- ARCH, $500,000
- Washington State, $2.5 million
- Living Cities Blended Catalyst Fund, $3.5 million
- King County Housing Authority, $2 million
- Low Income Investment Fund, $4 million
- Enterprise Community Loan Fund, $6.5 million
Get an overview of the REDI Fund.
If you are interested in applying for the REDI Fund, please contact:
James Madden, Senior Program Director at Enterprise in Seattle206-204-3424; jmadden@enterprisecommunity.org
For information about the King County DCHS role in the REDI Fund, please contact:
Cheryl Markham, DCHS Strategic Policy Advisor206-263-9067; cheryl.markham@kingcounty.gov
Compliance
King County monitors affordable housing that it funds for compliance with applicable federal and local regulations.
2023 Income and Rent Limits
King County has published the 2023 Income and Rent Limits, which are effective as of May 15, 2023.
HOME Program Annual Rent and UA Approval Process
Per federal regulations for the HOME program, King County must review and approve rents and utility allowances annually for HOME-assisted properties during their HOME affordability period. Effective May 31, 2018, King County is implementing an annual rent approval process. HOME-funded projects must seek rent and utility allowance approvals ahead of any increases in rents. To comply with 24 CFR 92.252(f)(2) and to obtain rent and UA approval from King County, HOME-assisted projects must submit the following forms at least 90 days prior to the effective date of the rent increase:
- Utility Allowance Calculation and Approval
- HOME Rent Approval Certification Forms (Parts I and II on different tabs in workbook)
Projects supported by HFP funds must provide housing that is affordable to income-eligible households. If a project is contemplating any changes to the terms of its agreement with King County, the project owner must contact King County for an initial assessment to determine next steps.
To formally begin the process to request a contract amendment and to be assigned to a project manager, please send an email to KCCompliance@kingcounty.gov with an email summarizing the need.
If you have questions about the process, please contact Wendy DeRobbio at 206-263-9070 or Marquis Frank at 206-263-9075.
Web-based Annual Report System (WBARS)
To enter housing project information go to: www.wbars.com
King County’s due date for Tables 1, 2, 3 is Jan. 31. Table 4 is due June 30.
Resources:
- WBARS User Guide (.pdf)
- WBARS Frequently Asked Questions (.pdf)
- Matrix of supplemental materials required for Annual Report 2021
- Email King County materials to KCAPR@kingcounty.gov
For more information, see the Washington State Housing Finance Commission's website.
Current list of participating funders:
- Washington State Housing Finance Commission
- Washington State Department of Commerce
- City of Seattle Office of Housing
What is WBARS?
The Combined Funders Annual Report was created to facilitate reporting requirements for contractors with multiple public funding sources. The Annual Report provides information for performance and compliance monitoring.
If you have questions, please contact Wendy DeRobbio at 206-263-9070.