Bond/Tax Credit Program Application

The Commission allocates multifamily tax-exempt volume cap bonds and the related 4% housing tax credits statewide for the development and preservation of affordable multifamily housing.

Guidance and Resources

• Visit the Preservation Application Materials page to apply for the 2026 Preservation Pilot.
• For recent program announcements, please visit the Bond/Tax Credit Program’s main page. For current allocation and pre-allocation lists, visit the Bond Allocation Lists page. Program allocation lists show prioritized project applications expected to receive an allocation.
• Contact us for pre-application questions.

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Program Documents

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• 2026 Preservation Pilot Policy Addendum and Application Materials
• 2026 Bond Cap Allocation Process + Application Timeline
• 2026 Bond/Tax Credit Program Policies (PDF)
• 2026 Bond/Tax Credit Program Policy Changes (PDF)
• Program Contacts & Application Instructions (PDF)
• King County Allocation Framework (PDF)
• Total Development Cost (TDC) Limit Schedule (PDF)

Apply for Financing

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Find your application type to learn when and how to apply. View the program application instructions and download all applicable application materials below. Submit your application in the Multifamily Developer Portal.

• King County Publicly Funded Projects that are prequalified through the coordinated King County public funders preallocation system submit on a rolling basis. These applications should be made no earlier than four months prior to the planned closing date.
• New Construction Projects not participating in the King County public funders preallocation system, including all Balance of State projects, regardless of whether they are receiving public funds, apply through the annual competitive application round. Applications are due March 30th at noon.
• Preservation Projects statewide Acquisition/Rehabilitation developments (both acquisitions and Resyndications) beginning in 2026 will apply separately from new construction projects.
• Public housing authority (PHA) projects anticipated to be financed with bond cap through the Association of Washington Housing Authorities (AWHA) pipeline process should submit their tax credit application 60 days prior to anticipated closing.

Pre-Application

Expand to View Pre-Application Forms & Documents

• 2026 Bond/Tax Credit Pre-Application Form
• Total Development Cost (TDC) Limit Schedule
• Waiver of the Total Development Cost Limits Form (Excel)

2026 General Application Forms

Expand to View 2026 General Application Forms

The provided application forms below will generally be required for all applicants. View the program application instructions and download all applicable application materials below. Application materials must be submitted in the Multifamily Developer Portal.

1. Application Checklists (Excel)
    
2. Public Housing Authority (PHA) Requirements Checklist (Excel) – PHA Applicants only
    
3. Combined Funders Application (CFA):
   1. CFA Forms (Excel)
   2. CFA Sections (Word)
       
4. Bond/Tax Credit Addendum:
   1. Bond/Tax Credit Application Forms (Excel)
       
5. Application Signature Form (DocuSign)
    
6. Evergreen Sustainable Development Standard (ESDS) Version 4.1
    
7. Certifications:
   1. Certificate Regarding Financial Solvency and Litigation Status (PDF)
   2. Resolution Granting Signature Authority for Corporations (PDF)
   3. Consent Granting Signature Authority for Partnerships and LLCs (PDF)
   4. Certification of Ability to Contribute Equity to the Project (PDF)
   5. Evergreen Owner Certification (PDF)
   6. Architect Certification of Gross Residential Square Footage (PDF)
   7. Certification Regarding Acquisition Credit (PDF) – Required for Rehab
       
8. Community Revitalization Plan (CRP) - Submit only one of the following:
   1. Washington State Urban Growth Boundary
   2. Qualified Census Tract (QCT)
   3. High or Very High on the Comprehensive Opportunity Index
   4. Washington Tracking Network's Information by Location (IBL) Tool
       
9. Projects that are By and For the Community – Policies, Section 4.5*
   1. Potential Tenant Engagement Response Form (now in Smartsheet)
   2. Public Housing Authority (PHA) Applicants Only - Potential Tenant Engagement Response Form (Word)
   3. CBO Preapplication Interview Questions (Word) – For reference only

*King County projects must score a minimum of 5 points and Balance of State projects must score a minimum of 4 points in Section 4.5. Public Housing Authorities should refer to the PHA Bond/Tax Credit Program Thresholds for this requirement.

Other Applicable Forms & Resources

Expand to View Other Applicable Forms & Resources

 

1. Additional BINs Request Form (Excel)
    
2. Average Income Test (AIT):
   1. Average Income Test Worksheet (Excel)
   2. Average Income Test Election Owner Certification (PDF)
       
3. Overcoming Historic and Systemic Barriers – Policies, Section 4.4
   1. Certification of BIPOC Board Composition (Word)
       
4. Potential Tenant Engagement Toolkits:
   1. Equitable Development Engagement Toolkit – Lindquist (PDF)
   2. Community Engagement Toolkit - Futurewise (PDF)
   3. Community Engagement Toolkit - HUD (PDF)
   4. Frequently Asked Questions (PDF) from CBO and Developer partners.
       
5. Subsidy Layering Review (SLR):
   1. HUD SLR Guidelines for HCAs (PDF)
   2. Appendix A SLR Checklist (PDF)
   3. Attachment A Rent Info & Project Summary (Word)
   4. HUD Form 2880 (PDF)
       
6. Volume Cap Recycling Form (Word)
    
7. Other Resources
   1. Association of Washington Housing Authorities (AWHA)
   2. Rent and Income Limits

Contact Us

Call us at 206-464-7139 or 800-767-4663 in WA or email AskUsMHCF@wshfc.org.