The Washington State Housing Finance Commission is operated by the government of Washington State. The commission offers a range of housing opportunities and resources. It operates homeownership, finance, and compliance and preservation divisions. The organization also administers land acquisition, rapid response, and beginning farmer and rancher programs. In addition, the Washington State Housing Finance Commission operates the Low-Income Housing Tax Credit (LIHTC) Program that reduces the tax liability of property owners and investors. The organization provides online information on various issues for bond investors and senior housing professionals. The Washington State Housing Finance Commission has been in operation for more than 25 years.