Wash. Rev. Code § 43.185A § 43.185A.160
Remittances from real estate broker trust account interest -- Grant and loan applications.
Operative Text
The director shall designate grant and loan applications for approval and for funding under the revenue from remittances made pursuant to RCW 18.85.285 .
Under Wash. Rev. Code § 43.185A.005 et seq. § 43.185A.160, the director of the relevant state housing agency is authorized to select and approve grant and loan applications that will be funded through interest remittances generated from real estate broker trust accounts under RCW 18.85.285. This provision establishes the mechanism by which those pooled funds are directed toward housing-related grants and loans. It creates a structured administrative process for allocating this revenue stream to approved applicants.
Plain English — not legal advice.
Property owners and managers who seek state housing grants or loans should be aware that Wash. Rev. Code § 43.185A.005 et seq. § 43.185A.160 gives the director authority to designate which applications receive approval and funding from real estate broker trust account interest remittances. Compliant operators generally track available funding cycles and submit complete applications that align with the program's stated purposes. Understanding the director's discretionary role in this process helps applicants prepare thorough submissions.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Wash. Rev. Code § 43.185A.005 et seq. § 43.185A.160 establishes a funding mechanism that can support housing assistance programs benefiting renters, as the director designates grants and loans funded by real estate broker trust account interest. Tenants seeking housing assistance may find programs funded through this revenue stream by contacting Washington State's housing office or local tenant-rights organizations. Those interested in understanding how these funds are allocated can review the director's grant and loan approval process through publicly available state records.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 7, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
References Out
No outbound references recorded yet for this provision.
References In
No inbound references recorded yet for this provision.