Homeownership
The Office of Housing (OH) supports low-income households to achieve the dream of homeownership - and to retain their homes once purchased - in a variety of ways. OH funds down payment assistance loans, foreclosure prevention loans and development loans for the creation of resale-restricted affordable ownership homes through partnership with local non-profit program administrators and affordable homeownership developers.
If you are a low-income homebuyer, please contact one of our partner homeownership organizations and learn whether you are eligible here. If you are housing developer please see any open requests for proposals or notice of funding available below. You can also sign up for Office of Housing News email list to learn of new opportunities when they become available.
Homeownership Funding
Currently accepting Requests for Proposals for four permanently affordable homeownership development projects on City-owned sites in the Rainier Valley. The Request for Proposals opened on March 24, 2023, and applications are due on May 19, 2023, by noon. The next Homeownership NOFA will likely be published in summer 2023. Sign-up for our Office of Housing News email list to receive notice of future NOFA publications.
View the Request for Proposals for the Rainier Valley Homeownership Initiative