The Washington Community Reinvestment Association (WCRA) is a Seattle, Wash.-based nonprofit that promotes low-income housing, special needs housing, and economic development statewide through loans to developers and education and advocacy programs.
Since 1992, WCRA has funded and committed over $295 million in loans representing almost 11,278 units of housing and over 183,000 square feet of economic development project space. It has provided financing for affordable rental housing in 34 of 39 counties in Washington, amounting to 87% coverage of the state, and benefiting 99 communities. Approximately 58% of its lending is in rural areas.
A 51-unit mulitfamily property in Vancouver. The complex is reserved for low- and moderate-income residents. Twenty percent of the units are for large households and twenty percent are for special needs.
A 42-unit multifamily development in Sequim. The complex is reserved for families with low- to moderate-income. Nine of the units are designed for disabled households and nine of the units were created for large households.
A 25-unit mulitfamily property in Anacortes. All of the residential units are for families with low- and moderate-income. Additionally, twenty percent of the units are reserved for households with disabilities.
A 50-unit senior living property in Federal Way. The complex is reserved for low- and moderate-income seniors. Ten percent of the units are set aside for disabled households.
