1,467 loans and investments totaling $121.6 million in the district in 2022
Stories from the District
“Built in Bremerton” program helps eliminate foreclosed and vacant, single-family homes
Bremerton,
Washington
Community Housing Capital
Community Frameworks initiated the “Built in Bremerton” program to help eliminate foreclosed, vacant, and distressed single-family homes in Bremerton, Washington. Through this acquisition-rehab sweat equity program, they have completed the rehabilitation and sale of 21, affordable, energy-efficient homes since 2013. Eleven of the homes were financed by Community Housing Capital (CHC) with a revolving $1 million line of credit.
Faced with short-term debt and insufficient expansion capital, a family-owned business turned to GAF for support. GAF responded by providing capital to this family-owned restaurant in the Pacific Northwest to refinance its high-interest, short-term debt and additional funds to complete the build-out and purchase equipment.
Creating Quality Jobs for Older Female Home Care Workers
Port Townscend,
Washington
Capital Impact Partners
At 75, Raea never imagined she would still be serving as a home caregiver and struggling to get by on a low wage. Yet, Raea’s situation represents a growing workforce dominated by older women. Learn how one organization uses the cooperative model to change that paradigm by empowering and protecting its older staff with competitive wages and management opportunities.
Finance the acquisition, construction and sale of 92 new homes by Habitat for Humanity affiliates in East Jefferson County (Port Townsend), WA and Tacoma/Pierce County, WA.
The Makah Tribe in Neah Bay survives on fish. They are located in the Northwestern most corner of Washington State and 50% of their economy is derived from fishing. In 2013, the existing commercial dock suffered a catastrophic failure when the causeway collapsed under the weight of a forklift, rendering it off-limits to motorized equipment for ice and fish loading.
