County: Washington

Price: $300,000

Do I qualify for this opportunity?

• Homebuyers must be currently living or working within Washington County.

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

• The home purchased must be located within within Tigard, Beaverton or Hillsboro.

• Maximum purchase price of $685,785.

• Must qualify for a minimum mortgage of $300,000 with a Proud Ground approved 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.

• Funded by the City of Beaverton’s CDBG/HOME HUD program, City of Tigard, City of Hillsboro CDBG HUD Program, Washington County First Home Program & Community Frameworks SHOP Program.

• 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.

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

• Buyers with ITIN numbers are allowed, please see the list of lenders for more details or contact us with your questions.

• Islamic Compliance loans are available please review lenders information.

• *Final grant amount based on need

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.