Washington § 43.180.230 - Housing finance program — Program elements.

Full text of Washington Revised Code of Washington § 43.180.230 — Housing finance program — Program elements., with citation guidance and answers to common questions.

§ 43.180.230. Housing finance program — Program elements.

The housing finance program developed under RCW 43.180.220 shall:
(1) Be limited to borrowers with incomes that do not exceed one hundred fifteen percent of the state or county median family income, whichever is higher, adjusted for family size;
(2) Be limited to first-time homebuyers as defined in RCW 43.185A.010;
(3) Be targeted so that priority is given to low-income households as defined in RCW 43.185A.010;
(4) To the extent funds are made available, provide either downpayment or closing costs assistance to households eligible for assistance under chapter 43.185A RCW and this chapter; and
(5) Provide notification to active participants of the state retirement systems managed by the department of retirement systems under chapter 41.50 RCW.
[ 1994 c 235 s 2.]

Notes

Severability—1994 c 235: See note following RCW 43.180.220.

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Frequently Asked Questions About Washington § 43.180.230

What does Revised Code of Washington § 43.180.230 cover?

Section 43.180.230 ("Housing finance program — Program elements.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 43.180.230?

A common citation format is "Revised Code of Washington § 43.180.230" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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Sources & Verification

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