| 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 |
| 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 |