Washington State Housing Finance Commission Awards Financial Services Contract to Hacpfc Housing Authority of the City of Pasco & Franklin County (August 2026)

The Commission approved allocation of 2026 9% Low-Income Housing Tax Credits totaling $1,485,936 annually for HACPFC’s Heritage Blvd. Apartments in Pasco. The 48-unit project will serve very low-income households, including dedicated units for domestic violence survivors and veterans, with financial close targeted for April 1, 2027.

Scope & details

The full contract record, as filed.

Contract amount

$1,485,936 annually (9% LIHTC)

Contract type

FINANCIAL_SERVICES

Contract term

Credits over 10 years; financial close expected April 1, 2027; long-term use period up to 40 years

Renewal date

2067-04-01

Renewal

LIHTC allocation provides a 10-year credit stream and long-term affordability commitments up to 40 years; investor selection expected with National Equity Fund at $0.82 pricing.

Document type

AgendaPacket

Source document

Washington State Housing Finance Commission Board Meeting Packet 2026-08-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Washington State Housing Finance Commission?

Hacpfc Housing Authority of the City of Pasco & Franklin County was awarded this financial services contract by Washington State Housing Finance Commission, as recorded on August 27, 2026. The contract value is $1,485,936 annually (9% LIHTC).

How much is the Hacpfc Housing Authority of the City of Pasco & Franklin County contract with Washington State Housing Finance Commission worth?

The Hacpfc Housing Authority of the City of Pasco & Franklin County contract with Washington State Housing Finance Commission is valued at $1,485,936 annually (9% LIHTC), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Washington State Housing Finance Commission Board Meeting Packet 2026-08-27 (AgendaPacket), dated August 27, 2026 from Washington State Housing Finance Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hacpfc Housing Authority of the City of Pasco & Franklin County hold?

Hacpfc Housing Authority of the City of Pasco & Franklin County may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Hacpfc Housing Authority of the City of Pasco & Franklin County's profile

What is Washington State Housing Finance Commission currently buying?

Explore Washington State Housing Finance Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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