Next Generation Housing
Over the past 30 years, rising housing costs have made it challenging for young professionals to afford their first homes. The Next Generation Housing Initiative addresses this by creating community-driven neighborhoods with affordable, high-quality homes, helping to diversify Washington County’s housing market. Its goal is to provide attainable housing for the next generation and improve neighborhood quality.
Heart and Homestead - (Earned Down Payment Incentive)
Washington County’s Heart & Homestead Earned Down Payment Incentive is provided to individuals 18 years and older who are constructing or purchasing an owner-occupied dwelling unit (home and land) under $420,000 located in Washington County, that serves as the recipient’s primary residence. The incentive amounts will be 10% of the purchase price, or $20,000, whichever is less, pre-paid at the time of closing to the Recipient.
Parks Fiscal Sustainability Plan
Washington County Parks are now financially independent of property tax support as a result of the Community Endowment Fund whose annual distributions will build parks, trails and golf course improvements in perpetuity. This is complemented by implementing entrance fees, expanding revenue-generating activities such as rentals and events, and securing sponsorships and naming rights. Additionally, we prioritized retaining parks based on usage and reduced maintenance costs through partnerships and volunteer support.
Revolving Loan Fund
Washington County’s Revolving Loan Fund provides low-cost loans between $100,000 and $1 million to support business growth and relocation. The program has generated substantial economic benefits, including $5 million in public revenue and $53 million in private development in 2022 alone. By recycling loan repayments, the fund ensures continuous support for future business projects, fostering long-term growth.