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Eligible: Local Government, Nonprofits, Tribes

Apply by Jun 15, 2026

Apply now
Active

$0 - $26,722,356

Applications Open for Affordable Multifamily Rental Projects – Rapid Capital Funding Available (NOFA#MHU-2026-05)

From WA Department of Commerce

The Washington State Department of Commerce is accepting applications for funding for the acquisition and rapid conversion of multifamily properties for people experiencing homelessness. The Department of Commerce Rapid Capital Housing Acquisition program funds the acquisition of real property for rapid conversion into enhanced emergency shelters, permanent supportive housing, transitional housing, permanent housing, youth housing, and shelter for extremely low-income people or those experiencing homelessness.

  • Overview

    • Type

      Grant

    • Title

      Applications Open for Affordable Multifamily Rental Projects – Rapid Capital Funding Available (NOFA#MHU-2026-05)

    • Source

      WA Department of Commerce

    • Federal or State

      State

    • Total Amount

      $26,722,356

    • Number of Awards

      Unspecified

    • Award Range

      $0 - $26,722,356

    • Cost Share

      No

    • Status

      Active

  • Topics

    Environmental Justice
    Resilience

  • Eligibility

    • Audience

      Local Government, Nonprofits, Tribes

    • Sector

      Environmental Justice, Resilience

    • Activity

      Equipment Purchase

    • Eligibility

      Eligible Entities

      • Local governments
      • Local housing authorities
      • Nonprofit community or neighborhood-based organizations
      • Federally recognized Indian tribes in Washington state
      • Regional or statewide nonprofit housing assistance organizations.

      Eligible organizations must be in compliance with applicable revenue and taxation laws at the time the award is made.

      Eligible Activities

      The Rapid Capital Housing Acquisition (RCHA) funds the acquisition of real property for a rapid conversion into:

      • Enhanced emergency shelters
      • Permanent supportive housing
      • Transitional housing, permanent housing
      • Youth housing, or
      • Shelter for extremely low-income people, as well as individuals, families, unaccompanied youth, and young people experiencing sheltered and unsheltered homelessness

    • Location

      WA

  • Application Process

    • Application Link

      Apply Now

    • Pre-Application?

      No

    • Disbursement Method

      Unspecified

  • Important Dates

    • Application Open Date

      Apr 15, 2026

    • Application Close Date

      Jun 15, 2026

    • Application Close Time

      12:00 PM PST

    • Publish Date

      Apr 15, 2026

  • Resources & Contacts

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