PSTAA Update: New Revenue Forecast 

Sound Transit recently released updated revenue projections for the Puget Sound Taxpayer Accountability Act (PSTAA) fund. Due to delays in Sound Transit-3 (ST3)-related construction projects, the fund’s budget is being revised to reflect a significant reduction of projected PSTAA revenues between 2021 and 2029.    A sales and use tax collected from ST3 construction activity funds PSTAA. Construction…

New PSTAA Funding Opportunity: Seeking Community Development Financial Institutions to Oversee General Child Care Facilities Fund

The Department of Community and Human Services’ Housing, Homelessness, and Community Development Division (H2CD2) is now accepting proposals from Community Development Financial Institutions (CDFIs) or similar organizations who are interested in partnering with DCHS to oversee the General Child Care Facilities (GCCF) fund. Part of the Puget Sound Taxpayer Accountability Account (PSTAA) investment portfolio, GCCFF…