Bend-Redmond Habitat for
Humanity is currently accepting applications for a new home in Bend. Located near SE Wilson Ave & SE 15th St., the high-performance home includes 2 bedrooms, 2 bathrooms and is available
to middle-income households.
This home is a unique opportunity for
both Habitat and local buyers. The project received funding from the City of
Bend’s Middle-Income Housing Pilot Program. While most Affordable Homeownership
is limited to buyers who earn under 80% Area Median Income (AMI), this is a
rare opportunity for middle-income, or workforce homeownership (under 120% AMI).
Eligible applicants must have a gross household income between $85,000 and $115,000,
depending on household size. Additionally, the home will be built to be accessible
by utilizing principles of Universal Design, which aims to be usable by all
people, to the greatest extent possible, without the need for adaptation of
specialized design. This collaborative project will be designed by Hiatus Homes
and built by Cascade Precision Homes.
Bend-Redmond Habitat for Humanity is
one of the few housing developers in Central Oregon providing opportunities for
affordable homeownership. With their homeownership program, families &
individuals are required to complete volunteer “sweat equity,” participate in
monthly financial education, and attend homeownership preparedness classes.
When those requirements are fulfilled, prospective buyers purchase their home
with a traditional 30-year mortgage. Monthly mortgage payments are affordably
set at less than 33% of monthly gross income. Habitat leverages grants and
fundraising to cover the difference between construction costs and what a
working-class household can afford. Each new Habitat home provides a deserving
family with a brighter future—with the pride, safety, educational attainment,
and wealth building opportunities that go along with homeownership.
Applications are available at
the Bend Restore and online. The deadline for submission is 5pm on Friday, February
2nd, 2024.
For more information or to download an application,
please visit https://bendredmondhabitat.org/Wilson-Ave/ or email homeownership@brhabitat.org.
This article appears in Source Weekly January 4, 2023.
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