Programs
We have four core programs to help us accomplish our goal to increase access to affordable homeownership.
Down Payment Assistance
Low-interest, deferred payment loans for down-payments and closing costs are provided to qualifying low-income families and individuals at or below 80% of the area median income.
Revolving Loan Program
90% of every principal repayment made by homeowners returns to our revolving loan program to help new families purchase their first home.
Homeownership Education
Free one-on-one interviews in English or Spanish that go over personal finances and available resources, shopping for a loan, credit repair, interest rates, amortization, home equity, and details about homeownership programs.
Forgivable Loans
Provided to very low-income families through Community Development Block Grants, Regional Affordable Housing Programs, and the Federal Loan Bank of Seattle in the rare case that someone’s life circumstances makes repayment of their loan impossible.
Provided to very low-income families through Community Development Block Grants, Regional Affordable Housing Programs, and the Federal Loan Bank of Seattle in the rare case that someone’s life circumstances makes repayment of their loan impossible.