Accelerating housing solutions for our community. The shortage of affordable and workforce housing is one of the most pressing challenges facing Whatcom County. The Affordable & Workforce Housing Impact Investment Fund is designed to help bring more housing options to market for low- and middle-income households.

The fund provides revolving loans, loan guarantees, and equity investments to help mission-aligned businesses and nonprofits grow and sustain their impact. Whether offering a bridge loan to a nonprofit waiting on reimbursable grant funding or investing in a local business committed to community well-being, this fund fills gaps that traditional financing often cannot.

• Philanthropic contributions
• Donor Advised Fund (DAF) assets loaned to the fund
• Direct investment with a financial return in the forthcoming Whatcom Invests in Stable Housing Fund
  (a below market rate investment with a 3 – 7 year term)

• Direct loans and loan guarantees for affordable and workforce housing developers
• Catalytic capital to lower borrowing costs and catalyze the development of new housing projects

Investments are typically made with a time horizon of 3 to 7 years, depending on the project.

Housing stability is foundational to healthy, thriving families, as well as communities. Your investment helps unlock the potential for hundreds of individuals and families to find safe, affordable housing right here in Whatcom County. As investments are repaid, they are recycled into new housing initiatives, multiplying your impact over time.

Help build a stronger, more equitable community by supporting affordable and workforce housing development.

To learn more or to set up a meeting, contact Brad Tuininga, Vice President of Philanthropy, at brad@whatcomcf.org.