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Coastal Community Bank Invests in Workforce Housing Through Koz Development's PNW Attainable Workforce Housing Fund

Globe Newswire•09/10/2026•19:11 ET
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Key Highlights

  • ➤Coastal Community Bank invests in Koz Development’s PNW Attainable Workforce Housing Fund
  • ➤Fund provides equity financing for workforce housing across Washington and Oregon
  • ➤Coastal investment supports Koz developments in Ballmer Group’s Washington Family Housing Fund
  • ➤Coastal Financial’s bank has $5.46 billion in assets and 14 full-service branches

Expert Statements

Cathy Reines, Founder and CEO of Koz Development

“At Koz, we take tremendous pride in delivering housing that makes a meaningful difference in people's lives. Our residents are the people who keep our communities running — teachers, health care workers, public employees, service professionals, and working families. Creating high-quality, attainable homes for this missing middle is more than a development strategy; it is central to why we do this work. Partners like Coastal allow us to expand that impact.”

EVERETT, Wash., Oct. 09, 2026 (GLOBE NEWSWIRE) -- Coastal Community Bank (the “Bank”, “Coastal”, “our”) announced its participation in Koz Development's PNW Attainable Workforce Housing Fund, a community development investment focused on expanding high-quality, environmentally responsible housing for working individuals and families across the Pacific Northwest.

Koz Development's PNW Attainable Workforce Housing Fund (“Fund”) was established to provide equity financing for attainable and workforce housing in growing communities throughout Washington and Oregon. The Fund focuses on well-located housing near employment centers, educational institutions, transportation, and essential services — places where working households can remain connected to the communities in which they live and work.

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