US EditionFerguson Proposes $244M Boost for Housing Programs
The $244 million plan includes $81 million for 2,000 subsidized rental units and $73 million for first-time homebuyer units to address a projected shortfall of 1.1 million homes.
- On Dec. 18, Gov. Bob Ferguson announced more than $244 million in proposed housing investments and signed an executive order creating the Washington State Task Force to prepare a Department of Housing.
- Facing an estimated 1.1 million-unit shortfall, Washington state also sees residential permit rates down to 2013 levels and more than 80% of households cannot afford a single-family home.
- Funding earmarks also include $73 million to build 664 homebuyer units and $20 million to acquire and preserve mobile and manufactured home communities.
- Lawmakers will consider the proposal during the 60-day session starting Jan. 12, and Ferguson said the funding will prioritize seniors, veterans and families with young children to prevent more than 400 households from displacement.
- Building on $760 million in state construction-budget housing spending this year, the Washington State Task Force must file a report by Nov. 15, 2026, while officials say the plan leans on capital-budget bonds amid a state operating budget deficit and seeks federal disaster relief.
15 Articles
15 Articles
The Columbian
Ferguson proposes $244M boost for housing programs
SEATTLE — Washington Gov. Bob Ferguson is asking lawmakers to fund $244 million in additional housing investments as part of a budget proposal released Thursday. Read more...
Flood relief included in Ferguson's housing proposal
Gov. Bob Ferguson is proposing a $244 million supplemental budget that he calls a “record investment” in housing, which includes millions in flood relief. “The need for more affordable housing is urgent,” Ferguson said. “These historic investments will not only help respond to Washington’s housing affordability crisis — they help build a foundation of safety, security, and opportunity for thousands of Washingtonians.” “Ferguson’s proposals build…
Ferguson proposes $244M boost for housing programs • Washington State Standard
The Beacon Pacific Village housing complex where Washington Gov. Bob Ferguson announced new proposed housing investments on Thursday, Dec. 18, 2025, in Seattle, Washington. (Photo by Jake Goldstein-Street/Washington State Standard)SEATTLE — Washington Gov. Bob Ferguson is asking lawmakers to fund $244 million in additional housing investments as part of a budget proposal released Thursday. His plan comes as the state grapples with an ongoing sho…
The Center Square
Everett PostGov. Ferguson announces subsidized housing package, new state agency
(The Center Square) - Gov. Bob Ferguson has announced a spending proposal of $244 million to be included in the 2026 supplemental operating budget with much of it going to
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