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Fund Reference Manual

Fund 27C - Community Reinvestment Account

Authority: RCW 43.79.567
Admin Agency: Department of Commerce - 1030
Cash Type: 1 - Treasury Fund
SAAM Budget Type: Appropriated (A)
Earnings from Investments are: Credited to the general fund under RCW 43.84.092(4).
Description: Used for grants and loans, per statute, to promote economic development, such as home ownership and expanded access to financial resources; civil and criminal legal assistance to provide postconviction relief; community-based violence intervention and prevention services; reentry services to facilitate successful transitions for individuals formerly incarcerated in WA state; beginning 7/1/25, agricultural and economic support and services to historically marginalized communities.
Sources of Revenue: Appropriations and transfers
Clientele: Qualified individuals, general public
Effective Date: 03/31/2022

ACFR Information

Account Code: 27C
Account Title: Community Reinvestment Account
Fund Type: AA - General Fund
Rollup Fund: AC - Administrative Accts in the General Fund
Closing GL Code: 9325 - Committed for Local Grants and Loans