Our Latest News

Woodside Manor

Property Name: Woodside Manor Borrower: Affordable Communities, Inc.  Funding Partners: Washington State Housing Finance Commission  WCRA funded Woodside Manor on October 18, 2018.  This Bonney Lake property is a market-rate RV park that will be […]

Link Studios Apartments

Property Name: Link Studios Apartments  Borrower: Mount Baker Housing Association Funding Partners: City of Seattle Link Studios is a 60-unit complex located in the Mt. Baker neighborhood of Seattle. The apartments were originally rented at […]

Capital Plus! Program Recognized

The Capital Plus! program has received national recognition by the National Council of State Housing Agencies.  During the annual State Housing Finance Agencies conference, Capital Plus! was declared the winner of the Special Needs Housing […]

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Our Mission

To meet Washington's affordable housing and economic development needs through partnership

Our Guiding Principals

The WCRA endeavors:

  • To expand resources for the creation and preservation of real estate based community development in Washington State.
  • To expand resources for financing non real estate based loans to emerging nonprofits without access to traditional banking.
  • To be a voice for its member financial institutions on affordable housing and community development issues.
  • To provide a dynamic risk sharing vehicle to maximize private investment in community development throughout Washington State.
  • To operate within a strategic and financially prudent structure.
  • To work with public sector entities to promote public/private partnerships that achieve maximum leverage of public dollars.
  • To provide value to its members and the communities they serve that will generate and sustain support for WCRA's long term operation and success.
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Our team

What Our Members and Partners Say

“The Commission is all about partnerships, and partnering with the WCRA on the Capital Plus! program has brought great benefits to the communities we both serve in a cost effective and efficient manner. The WCRA helps us open doors to a better life for our mutual customers.”

David Clifton Washington State Housing Finance Commission

“Since 1992, the WCRA has continued to meet our CRA objectives through its lending programs. We enjoy our partnership with WCRA and are confident in the organization’s ability to deliver quality affordable housing.”

Michael Dotson VP, CRA Community Outreach Officer - Banner Bank

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Contact Us

Questions? Please call 206-292-2922 or send us an email. Thank You!