The Department of Commerce administers multiple capital programs, including the Housing Trust Fund, which provides loans and grants to projects providing affordable housing to low-income households or households with special needs.
The Department of Commerce works with multiple state agencies to create an inventory of real property that is owned or administered by each agency and is vacant for lease or sale. The inventory distinguishes which properties are suitable for affordable housing development. The state agencies included in the inventory are the Washington State Patrol, the State Parks and Recreation Commission, the Department of Natural Resources, the Department of Social and Health Services, the Department of Corrections, and the Department of Enterprise Services.
The Public Building Conversion Grant Program (Program) is created in the Department of Commerce (Commerce) for counties to rehabilitate, retrofit, or convert unused, publicly owned buildings into housing for homeless persons. The grants may not be used to staff or maintain the buildings. Subject to appropriation, Commerce is responsible for developing, managing, and overseeing the application process separately from the Housing Trust Fund program. In order to apply for the grants, counties must:
Commerce must post the inventory provided by counties along with the inventory of state-owned property on its public website.
Commerce is responsible for protecting the state's interest upon the sale or change of use of projects financed through the Program or upon a county's failure to comply with the grant requirements. The Program expires December 31, 2022.