Gov. Jay Inslee announced $12.6 million in Clean Energy Fund grants to five utilities in Washington. The grants will fund projects proposed by Avista, Seattle City Light, Orcas Power and Light, Snohomish County Public Utility District and Energy Northwest.

The Washington State Community Economic Revitalization Board (CERB) approved $2,353,500 for public infrastructure development and economic feasibilities studies targeting business growth and job creation.

The city of Tieton is receiving $23,462 in grant money for an economic development plan. The money is part of the Washington State Department of Commerce's 2016 Community Development Blocks Grant (CDBG).

King County sold $500 million of sewer revenue bonds. The transaction raised $50 million of new funding for its capital program at a 3.8 percent interest rate, and also refinanced outstanding bonds to reduce future debt service costs.

The Washington State Department of Commerce announced that 22 cities and counties will receive a total of more than $10 million in Community Development Block Grants (CDBG) for 2016. The 22 projects were selected from 28 grant applications requesting over $14 million. 

Public-sector agencies such as port districts and local governments have another chance to apply for a portion of $5 million in Freight Rail Investment Bank (FRIB) loans approved by the Legislature.

The U.S. Army Corps of Engineers awarded a contract worth $2.6 million to Northbank Civil and Marine Inc. to construct a lamprey passage system at the 1,242-MW Bonneville hydropower plant.

Edmonton-based HiTest Sand Inc. proposes to invest $300 million in a new state-of-the-art silicon refining facility, creating an estimated 400 construction jobs and 170 permanent full-time jobs.

Join the CDFA Washington Financing Roundtable for the second annual conference on October 11, 2016. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Washington economy going forward.

The conference will take place at the Sheraton Seattle Hotel in Seattle, Washington and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Washington Financing Roundtable Conference.

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