Establishes a pilot program to provide down payment and closing cost assistance for targeted occupations in Washington.

The bill creates a pilot program to offer down payment and closing cost assistance for a primary residence to eligible individuals in targeted occupations, including health care professionals, law enforcement, and social workers. Loans are interest-free and capped at $25,000 or five percent of the first mortgage, whichever is less. Repayment is deferred until the property is sold, refinanced, rented, or transferred. Eligible occupations include nurses, firefighters, police officers, and mental health professionals, among others.

Establishes a pilot program to provide down payment and closing cost assistance for targeted occupations in Washington.

The bill creates a pilot program to offer down payment and closing cost assistance for a primary residence to eligible individuals in targeted occupations, including health care professionals, law enforcement, and social workers. Loans are interest-free and capped at $25,000 or five percent of the first mortgage, whichever is less. Repayment is deferred until the property is sold, refinanced, rented, or transferred. Eligible occupations include nurses, firefighters, police officers, and mental health professionals, among others.