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Land Acquisition Program (LAP)

The Land Acquisition Program assists eligible nonprofit organizations in Washington state to purchase land suited for either multifamily or single family affordable housing development.

LAP is a revolving loan program intended to assist with site acquisition for eventual use as affordable housing; LAP projects are expected to begin construction in year 2–6 and place in service before year 8. LAP is not a short-term acquisition bridge financing program. Nonprofit borrowers must demonstrate sound experience and strong development capacity.

Program Description and Application Guidelines (PDF)

Application (WORD)

QUESTIONS

If you have questions about the Land Acquisition Program, please contact:

Jason Hennigan
206-254-5370 | toll free 800-767-4663 in WA
Email: Jason.Hennigan@wshfc.org

Bob Peterson
206-287-4454 toll free 800-767-4663 in WA
Email: Bob.Peterson@wshfc.org

     

 
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