Fiscal Fallout: $375 million bond debt indirectly funding operating budget
[The Center Square]—Washington state is quietly raiding a special fund meant for local roads, bridges, water pipes, and sewers and now borrowing money through higher-rate bonds to replenish it — even though the state just collected record tax revenue and passed its biggest tax hike ever, according to an analysis of state fiscal data by […]
City of Lynnwood receives $1.9 million in grant funding from Department of Commerce
LYNNWOOD—Last week, the Washington State Department of Commerce awarded the City of Lynnwood $1.9 million in project funding through the Connecting Housing to Infrastructure Program (CHIP). The funding includes $1 million for the 200th Street Senior Housing project and $900,000 for the Apollo Scriber Lake project. Funding of this program is provided from the State […]
Commerce invests $54.5 million in affordable housing across Washington
OLYMPIA—The Washington State Department of Commerce on Tuesday, January 20, announced $54.5 million in grants to help create nearly 5,000 affordable housing units across Washington. From Vancouver to Spokane, grants of up to $1 million have been awarded to support 70 projects in 22 counties to support the creation of 4,517 affordable housing units. A […]
