Bend-Redmond Habitat for Humanity announced Monday it is accepting applications for 22 new homes in southeast Bend and southwest Redmond for lower-income, working families.
The homes — a mix of 1, 2, 3, and 4 bedroom options — will include solar panels and be designed for environmental sustainability, the non-profit said in its announcement.
The Daly Estates in Bend’s Larkspur neighborhood includes nine townhomes.
- Five 4-bedroom, 3-bathroom homes at 1,400 – 1,600 square feet
- Four 1-bedroom, 1-bathroom homes at 750 square feet.
- Each has an attached garage and driveway parking.
The Timber Cottages near Dry Canyon in Redmond includes 13 single-family cottage-style homes.
- Nine 2-bedroom, 2-bathroom homes
- Four 3-bedroom, 2-bathroom homes
- They are 760-1,200 square foot homes with fenced backyards.
Qualified buyers must earn under 80% of the Area Median Income to be eligible. For example, a family of four would need to make between $3,173 and $6,346 per month to qualify. That translates to between $38,080 and $76,150 annually. A full income chart and application can be found here.
Habitat says it uses grants and fundraising to cover the difference between construction costs and what a working-class household can afford.
Prospective buyers are also required to provide some sweat equity by completing volunteer hours, participate in monthly financial education and attend homeownership preparedness classes. Once those requirements are met, buyers can purchase their home with a traditional 30-year mortgage with monthly payments set at or below 33% of their gross income.
The deadline to submit an application is April 19 at 5:00 p.m. Applications are available online and at various locations, including Habitat’s Adminstrative offices, the Bend Restore location, the Redmond Donation Center and the Latino Community Association.
Originally Published Here: https://www.centraloregondaily.com/news/local/bend-redmond-habitat-humanity-homes-working-families/article_5ca351d2-f055-11ee-b7f2-f7d7b4c4dafd.html