Resident Eligibility Application - Washington State Housing Finance 2025

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The Washington LIHTC Program provides financial incentives to developers by offering tax credits that reduce development costs. In return, developers commit to creating subsidized housing in Washington, including low-income apartments in Seattle, Washington, or rehabilitating older properties to meet modern standards.
The Low-Income Housing Tax Credit provides a tax incentive to construct or rehabilitate affordable rental housing for low-income households. The Low-Income Housing Tax Credit (LIHTC) subsidizes the acquisition, construction, and rehabilitation of affordable rental housing for low- and moderate-income tenants.
Working Families Tax Credit will provide payments up to $1,200 to individuals and families who meet the requirements. Applications open on February 1, 2023 and are accepted through December 31, 2023.
You must have an annual household income at or below 80 percent of the area median income (AMI). You receive waiting list preference with income at or below 30 percent of AMI.
The 2024 credit amount varies depending on the number of qualifying children and income level. The maximum credit amount ranges from $325 to $1,290 depending on the number of qualifying children (see table below). These amounts are then reduced based on income thresholds, similar to the federal program.
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