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Nonprofit Facilities Program is sponsored by Washington State Housing Finance Commission. The Commission's Nonprofit Facilities Programs help 501(c)(3) organizations across Washington state buy, build, renovate, and refinance their community facilities. This can include projects related to veteran housing.
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WSHFC | Nonprofit Facilities Financing Program Bond Financing for Nonprofit Facilities • Refi/Refunding Application (PDF) * • List of our Clients (PDF) * ONLY for projects previously financed with tax-exempt debt by the Commission Tax-Exempt Bond Financing Methods The Commission's Nonprofit Facilities Program is a smart way to save money and maximize your capital campaign.
Often, a capital campaign is not enough to cover the total cost of a project—particularly costs related to construction and capital improvements. A bond-backed loan may help you reach your goals sooner and more efficiently. Contact us and explore your options.
Download and Share Our Program Brochure (PDF) You choose your own bank and negotiate your own terms. The lender buys the tax-exempt bond from us and passes the tax savings on to you in the form of a lower interest rate on your loan. No state taxpayer dollars are used.
The Commission works with you and your lender every step of the way. WHAT SIZE LOANS ARE FINANCED? The only limit is the amount your organization can afford to repay.
Whether your project costs $500,000, $5 million or $50 million, we can assist you with a cost-effective solution.
Borrow at a lower interest rate More funds available for operations or endowment Less dependence on grants and other financing Efficient use of donor gifts Cash management flexibility Begin construction sooner—avoid climbing construction costs Keep more cash for operations or endowment For smaller projects using STEP, savings are typically one to two percentage points below market rates.
The interest rates are set by lenders and will vary among lending institutions. For larger projects, when borrowing typically exceeds $5-7 million, investment banks market the bonds to retail and institutional investors. In these cases interest rates are lower than for smaller projects, but the financing process is more complex and associated fees are larger.
The borrower can still realize significant savings. You can use bonds to purchase a building, land or equipment; build or renovate facilities; or even refinance existing debt—as long as the project furthers your nonprofit’s mission. The Commission’s Nonprofit Facilities Programs help 501(c)(3) organizations across Washington state buy, build, renovate, and refinance their community facilities.
MORE... NONPROFITS THAT HAVE BEEN SERVED INCLUDE: Northwest Railway Museum, Snoqualmie Eastside Catholic School, Sammamish Perry Technical Institute, Yakima Spokane Valley Community Center Seattle Art Museum Sculpture Park Lutheran Community Services, SeaTac Seattle Country Day School Multi‐Service Center, Federal Way Goodwill Industries, Spokane Pacific Science Center IMAX NW Washington Pipe Trades Training Center, Burlington St.
Vincent de Paul of Snohomish County Richland Health Sciences Center TVW Media Center, Olympia Nonprofit Facilities Financing Program - Client List (PDF) To obtain the most benefit from this program, it helps to contact us as early as possible in the financing planning process. We often start working with nonprofits during the preliminary capital campaign planning stage.
Many decisions made early on will affect your fundraising and financing flexibility. Keri Williams, Nonprofit and Community Outreach Lead, 206-287-4404, keri. williams@wshfc.
org Nonprofit Association of Washington A state association of nonprofits whose mission is to build a strong, collaborative network of nonprofits serving Washington communities through advocacy, education and capacity building.
Careers | Commissioners | Contact Us | Events | My View Newsletter Homeownership : Homebuyer Programs | Information for Lenders | Information for Real Estate Professionals | Information for Instructors | Multifamily Housing : Credit | Bond/Tax Credit | CBO Partnerships | 501(c)(3) Housing Bonds | Special Programs : Farmer/Rancher | Nonprofit Facilities | Land Acquisition Program Property Managers : Asset Management and Compliance | Information for Investors : Official Statements, Annual Reports, Interim Information | Privacy Notice | Requests for Public Records Washington State Housing Finance Commission 1000 2nd Avenue, Suite 2700, Seattle, Washington 98104 | Phone: 206-464-7139 or 800-767-4663 | 206-587-5113 | Contact Us
According to the current listing, eligibility includes: 501(c)(3) organizations in Washington state seeking bond financing for facilities purchase, construction, renovation, equipment, or debt refinancing. Confirm the full requirements in the official notice before applying.
Nonprofit Facilities Program is funded by Washington State Housing Finance Commission. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Washington. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.
CDBG, HOME, HOPWA, Choice Neighborhoods, and the Continuum of Care — all proposed for elimination. Work requirements for voucher holders. A 60-month time limit on assistance. The definitive analysis for housing organizations navigating the most aggressive HUD budget in history.
Read articleHUD tried to slash permanent supportive housing funding from 90% to 30% of Continuum of Care grants. Federal courts in Rhode Island and the First Circuit stopped it. What the ruling means for housing-first policy, communities across 21 states, and organizations that depend on CoC funding.
Read articleHUD announced the FY25 Rural Capacity Building NOFO on May 18, 2026 with a July 6 deadline. Section 4 has three statutory intermediaries — Enterprise, LISC, and Habitat. RCB is a different door, and most rural housing nonprofits are misreading which one they qualify for.
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