More than 1,000 units of affordable workforce housing will be created over the next five years around Sound Transit and King County Metro transit stations, with up to $87 million from the sale of bonds backed by future lodging tax revenues.

The Washington State Housing Finance Commission recently approved more than $216 million in financing to construct or preserve almost 900 units of affordable housing, most of them for seniors.

The Washington State Department of Commerce has committed $9.7 million from the state's Clean Energy Fund to three non-profit lending institutions: Craft3, Puget Sound Cooperative Credit Union (PSCCU), and the Washington State Housing Finance Commission.

First Financial Northwest in Renton, Washington, jumped at a chance to have a stronger bond with its hometown. When officials in Renton recently floated a bond issue to fund improvements to city schools, the $939 million-asset First Financial was an eager participant, buying $500,000 of notes.

Henry Leibman, one of Seattle's top developers and a pioneer in using the EB-5 visa program to raise capital, has been fined more than $1.2 million for using unlicensed advisers to steer investments from would-be immigrants into his projects.

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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