Snohomish County is on the lookout for applications from nonprofit entities, for-profit developers, and government entities aimed at establishing affordable housing solutions. The county is prepared to allocate federal funds through programs targeting low-income residents, including homebuyer downpayment assistance, homeownership development, rental housing projects, emergency bridge or shelter housing, and sweat equity initiatives, per Snohomish County's website.
The county has stated that a sum roughly estimated at over one million dollars, specifically $1,054,917, from the HOME Investment Partnerships Program is up for grabs for the fiscal year 2026. Not to stop there, a yet undetermined pool of financial resources courtesy of the Affordable Housing and Behavioral Health Capital Funds will also be accessible. These pools of funds collectively open a gateway, designed to benefit those facing financial hardship within Snohomish County, notably. Potential applicants must promptly review the Application Review Policy, emphasizing the importance of communication protocols for any possible funding application.
Those interested shouldn't miss out on the upcoming virtual information sessions. A double opportunity is offered on Tuesday, August 26, from 1 PM to 3 PM, and Thursday, August 28, from 10 AM to 12 p.m. These virtual meetings are a must-attend as they split focus between the HOME funds and the AHBH funds, offering a detailed look at each during the two-hour window. Attendance is not just recommended, it's a requirement for those considering applying. Information concerning session access can be found amidst the NOFO application materials.
