Revised Code of Washington
Chapter 43.180 - Housing Finance Commission.
43.180.310 - Commission powers.

RCW 43.180.310
Commission powers.

The commission has the following powers with respect to nonprofit facilities together with all powers incidental thereto or necessary for the performance thereof:
(1) To make secured loans to nonprofit corporations for the purpose of providing temporary or permanent financing or refinancing of all or part of the project cost of any nonprofit facility, including the refunding of any outstanding obligations, mortgages, or advances issued, made, or given by any person for the project costs of a nonprofit corporation; and to charge and collect interest on the loans for the loan payments upon such terms and conditions as its commissioners consider advisable which are not in conflict with this subchapter;
(2) To issue revenue bonds for the purpose of financing all or part of the project cost of any nonprofit facility and to secure the payment of the revenue bonds as provided in this subchapter;
(3) To collect fees or charges from users or prospective users of nonprofit facilities to recover actual or anticipated administrative costs;
(4) To execute financing documents incidental to the powers enumerated in this section;
(5) To accept grants and gifts;
(6) To establish such special funds with any financial institution providing fiduciary services within or without the state as it deems necessary and appropriate and invest money therein.

[ 1990 c 167 § 3.]

Structure Revised Code of Washington

Revised Code of Washington

Title 43 - State Government—Executive

Chapter 43.180 - Housing Finance Commission.

43.180.010 - Declaration of public policies—Purpose.

43.180.020 - Definitions.

43.180.030 - Bonds not debt of state.

43.180.040 - Commission created.

43.180.050 - Housing financing powers—Annual audit.

43.180.060 - No power of eminent domain or taxation.

43.180.070 - Housing finance plan.

43.180.080 - General powers.

43.180.090 - Selection of bond counsel—Written policies to be adopted.

43.180.100 - Selection of underwriters—Written policies to be adopted.

43.180.110 - Review of initial policies adopted under RCW 43.180.090 and 43.180.100—Adoption—Change.

43.180.120 - Rules for fair allocation of bond proceeds for nonrental single-family housing.

43.180.130 - Protection of bondholders—Mortgage insurance.

43.180.140 - Rules for energy efficiency.

43.180.150 - Bond issues—Terms—Issuance—Purchase, etc.

43.180.160 - Debt limitation—Washington works housing program.

43.180.170 - Bond issues—Disposition of proceeds—Special fund.

43.180.180 - Bond issues—Disposition of revenues—Special trust fund.

43.180.190 - Legal investments.

43.180.200 - Internal revenue code.

43.180.220 - Housing finance program—Mortgage financing—Investments—Flexible loan underwriting guidelines.

43.180.230 - Housing finance program—Program elements.

43.180.240 - Housing finance program—Report to legislature annually—Implementation.

43.180.245 - Condominium conversion tenant-to-homeowner program.

43.180.250 - Veteran homeownership downpayment assistance program—Rules.

43.180.260 - Sustainable energy trust program.

43.180.265 - Aviation biofuels facilities and production—Bond issuance—Financing powers—Definitions.

43.180.290 - Beginning farmer financing program.

43.180.295 - Renewable energy systems—Report—Financing tool.

43.180.300 - Definitions.

43.180.310 - Commission powers.

43.180.320 - Revenue bonds.

43.180.330 - Revenue refunding bonds.

43.180.340 - Trust agreements.

43.180.350 - Lessees or assignees.

43.180.360 - Default.

43.180.900 - Conflict with federal requirements.

43.180.901 - Liberal construction.

43.180.902 - Captions not part of law.

43.180.904 - Effective dates—1983 c 161.

43.180.905 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.