Affordable - Available

City of Gresham

Down payment Assistance: $170,000

Do I qualify for this opportunity?

• Homebuyers must be currently living within the City of Gresham.

• Grant recipients must be first-time homebuyers and meet income qualifications below.

• The home purchased must be located within the City of Gresham.

• Must qualify for a minimum mortgage of $285,000 with a Proud Ground preferred lender & have at least $5,000 of personal savings for earnest money & inspections. Please note you will also be responsible for loan closing costs. Your lender will provide you with an estimate.

• If you are selected, you and your Realtor will attend a grant orientation to review the grant guidelines and restrictions.

• Owner-occupancy, income limits, resale, and other restrictions apply.

• ITIN and Islamic Compliance loans are available please review lenders information.

  About this opportunity:

• 4 grants are available to qualified homebuyers to purchase a home in the City of Gresham

• Proud Ground, a state-registered nonprofit, administers all grant opportunities

• Funded by the City of Gresham's CDBG/HOME HUD program, OHCS HUD & Community Frameworks

• *Final grant amount based on need

Buyer will be required to complete 60 hours per homebuyer, plus 8 hours from a friend or family member of volunteer hours on the home after purchase. The hours must be completed within 3 months after the closing date.

Learn more about this opportunity by attending Proud Ground’s virtual Q & A session Register here

Join a virtual information session to learn more about Proud Ground’s program. View Calendar here.