Our Latest News
Peninsula Pines Cooperative
Property Name: Peninsula Pines Cooperative Borrower: Peninsula Pines Cooperative Funding Partners: Washington State Housing Finance Commission WCRA funded this loan on June 15, 2023 The property is a 45-unit mobile home and RV park that […]
Washington Community Reinvestment Association announces Christine Roveda as its next President
The Board of Directors for the Washington Community Reinvestment Association is pleased to announce that Christine Roveda has joined the WCRA as its next President. “On behalf of the WCRA Board, we are excited to […]
HOSWWA Vets Housing
Property Name: HOSWWA Vets Housing Borrower: Housing Authority of the City of Longview dba HOSWWA Funding Partners: Grants from the Veterans Administration, Ed & Dollie Lynch Fund, Rose Foundation and Firstenberg Foundation. WCRA in partnership […]
Our Mission
To meet Washington's affordable housing and economic development needs through partnership
Our Guiding Principles
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.
Our team
Our Portfolio
What Our Members and Partners Say
“I cannot speak highly enough about the WCRA. In my experience as both a member bank representative and as a board member, I know that our investment is in very good hands. I am continuously impressed with the ongoing quality of the loan portfolio and with the fiscal management of the organization. The WCRA team is efficient, caring, and genuinely focused on doing the right thing for the communities they serve and for their members. “
“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.”
“WCRA has been a key partner in helping Banner Bank to achieve its affordable lending objectives. As a result of this partnership, we are able to reach broader and deeper into communities to help address affordable housing challenges.”