Loan Closings

Once Office of Housing Rental Housing Program funds have been awarded borrowers will be required to meet a number of due diligence and other requirements prior to closing a loan. Please contact your assigned OH project manager for more information.

On typical projects, OH will require borrowers to document before loan closing that the project has:

  • obtained NEPA Environmental Clearance (if project is federally funded)
  • secured other financing sources acceptable to OH
  • obtained appropriate insurance for the project
  • received building permits
  • competitively selected contractor using an OH-approved process
  • signed a construction contract with a type and delivery method acceptable to OH
  • complied with the pre-construction procedural requirements of the Multifamily Rental Housing Program Residential Prevailing Wage Rate Policy
  • successfully incorporated Evergreen Sustainable Development Standards into design documents
  • satisfied recommendations noted in Project Evaluation Report
  • met all other funding conditions as specified in the Reservation Letter


Maiko Winkler-Chin, Director
Address: 700 5th Ave, Suite 5700, Seattle, WA, 98104
Mailing Address: PO Box 94725, Seattle, WA , 98124-4725
Phone: (206) 684-0721
Fax: (206) 233-7117

Newsletter Updates


Sign up for the latest updates from Housing

We partner to create affordable housing by equitably investing to prevent displacement and increase opportunities for people to live in Seattle.