• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » Low-income agency awarded $7.3 million

Low-income agency awarded $7.3 million

HUD funds to buy land, construct infrastructure for 'sweat equity' projects

June 30, 2011
Mike McLean

The U.S. Department of Housing and Urban Development has awarded $7.3 million to Spokane-based Community Frameworks for constructing at least 393 low-income housing units in four states.

Community Frameworks, a nonprofit that develops and support affordable housing, will distribute the funds to 22 affiliates in Washington, Idaho, Montana, and Oregon, says Chris Venne, the agency's development finance manager.

The funds will be used for land acquisition or infrastructure improvements for projects that qualify under HUD's Self-Help Homeownership Opportunity Program requirements, Venne says.

Completed units will be sold at discounted prices to low-income homebuyers who participate in the construction of the homes, earning what HUD calls sweat equity, or self-help credit, Venne says.

Community Frameworks expects to start awarding the funds this fall. Projects would be finished within three years.

Community Frameworks is one of four organizations nationwide to be awarded $26.7 million in self-help program grants, to produce 1,500 units.

HUD says Community Frameworks has helped its affiliates construct 922 self-help homes in the last five years, including 458 homes in Washington. Another 621 units are under construction in the four states.

    Latest News
    • Related Articles

      HUD awards $3.6 million to agency

      Orgill starts $7.3 million renovation at Post Falls facility

      Low-income senior housing projects dry up

    Mikemclean
    Mike McLean

    Building permits, values fall in several categories

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    Which industry sector has the greatest growth opportunity in the greater Spokane area?

    Popular Articles

    • Tagliare photo web
      By Jase Picanso

      Tagliare Delicatessen plans shop on West Plains

    • Dumplings (17) web
      By Karina Elias

      Yo Dumplings opens inside Brick West Brewing Co.

    • Heart (1) web
      By Ethan Pack

      First phase of Heart Institute modernization kicks off

    • Swanson (16) web
      By Karina Elias

      Evergreen Gavekal opens Spokane office

    • Lance beck web
      By Ethan Pack

      Greater Spokane Incorporated names new chief strategy officer

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2026 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing