Washington § 43.180.230 Housing finance program—Program elements.

Washington Statutes

§ 43.180.230 — Housing finance program—Program elements.

Washington § 43.180.230

Title 43STATE GOVERNMENT—EXECUTIVE

Ch. 43.180HOUSING FINANCE COMMISSION

This text of Washington § 43.180.230 (Housing finance program—Program elements.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 43.180.230 (2026).

Text

The housing finance program developed under RCW 43.180.220 shall:

(1)Be limited to borrowers with incomes that do not exceed one hundred fifteen percent of the state or county median family income, whichever is higher, adjusted for family size;

(2)Be limited to first-time homebuyers as defined in RCW 43.185A.010 ;

(3)Be targeted so that priority is given to low-income households as defined in RCW 43.185A.010 ;

(4)To the extent funds are made available, provide either downpayment or closing costs assistance to households eligible for assistance under chapter 43.185A RCW and this chapter; and

(5)Provide notification to active participants of the state retirement systems managed by the department of retirement systems under chapter 41.50 RCW. Severability — 1994 c 235: See note fol

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The housing finance program developed under RCW 43.180.220 shall:

(1) Be limited to borrowers with incomes that do not exceed one hundred fifteen percent of the state or county median family income, whichever is higher, adjusted for family size;

(2) Be limited to first-time homebuyers as defined in RCW 43.185A.010 ;

(3) Be targeted so that priority is given to low-income households as defined in RCW 43.185A.010 ;

(4) To the extent funds are made available, provide either downpayment or closing costs assistance to households eligible for assistance under chapter 43.185A RCW and this chapter; and

(5) Provide notification to active participants of the state retirement systems managed by the department of retirement systems under chapter 41.50 RCW.

Severability — 1994 c 235: See note following RCW 43.180.220 .