Rapid Capital Housing Acquisition Program

Applications are open for the Rapid Capital Housing Acquisition Program.

The $26+ million in available funding is for the acquisition and rapid conversion of multifamily properties for people experiencing homelessness.

Interested applicants are invited to attend two separate technical assistance office hours to ask questions and get more information.
• 1 p.m. Wednesday, May 13, Register: https://heyor.ca/54Rtoq
• 1 p.m. Tuesday, May 26, Register: https://heyor.ca/hzpix8

Applications are due Monday, June 15.

Learn more: Applications open for affordable multifamily rental projects – Rapid Capital funding available (NOFA#MHU-2026-05) – Washington State Department of Commerce