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Issaquah council approves ARCH housing recommendations, revises down‑payment program and delegates legacy administration to Bellevue
Summary
The council unanimously approved ARCH funding recommendations, adopted revisions to the ARCH down‑payment assistance program (higher subsidy caps and streamlined administration), and authorized delegation of pre‑2010 ARCH contract administration to Bellevue.
The Issaquah City Council unanimously approved a package of ARCH (A Regional Coalition for Housing) items during its Feb. 2 meeting, including funding recommendations, changes to a regional down‑payment assistance program, and a housekeeping delegation of legacy administrative duties.
Lindsay Masters, executive director of ARCH, described the round as ARCH’s largest to date: ARCH initially advertised about $3.5 million for this funding round which grew during the year as loan repayments and returns added to the pool, and applicants requested roughly $15 million across 15 proposals. "Since the life of the program, we've put out over $120,000,000 in resources. That's leveraged, I believe, close to $2,000,000,000 ... and over 6,000 units of housing and shelter," Masters said.
Masters walked council…
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