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June 1, 2020

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Two Vancouver projects receive share of $15M in preservation grants, loans

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The Washington State Department of Commerce announced Wednesday it would disburse $15.1 million in grants and loans from the Housing Trust Fund for 32 housing preservation projects, including two in Vancouver.

Columbia Non-Profit Housing received $1 million toward its $3 million renovation of Englund Manor Estates, a low-income senior living community. Vancouver Housing Authority received $850,000 for Central Park Place, which houses low-income veterans and people with mental health issues near Clark College. The total cost of the project is $963,208.

During the 2019 and 2020 legislative sessions, Washington lawmakers allocated a combined $15 million to preserve affordable housing units.

“These funds strengthen communities across the state by preserving safe, decent, affordable housing for those in need,” Commerce Director Lisa Brown said in a news release. “We have a critical housing shortage in Washington state. Maintaining the quality and availability of our current housing inventory serving our state’s most vulnerable residents is a high-priority, cost-effective investment.”

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