HOMEOWNERSHIP
Owning a home is an exciting adventure! Homeownership represents financial freedom, independence, and security. Now, many people cannot afford to buy a home because houses are getting more and more expensive and there are just not enough to go around. Many low- and moderate-income people are left out of opportunities to stabilize their finances, build wealth, and get out of cycles of increasing rents by owning their homes.
The Homeownership Center provides support for first time home buyers unable to afford a market rate home, but have a good financial profile and steady income. We provide affordable homes and down payment assistance to qualified clients. Our programs and services are designed to support first time homebuyers who earn 80% or less of the Area Median Income.
Down Payment Assistance: Many HCNW clients have limited savings that can be directed toward mortgage loan down payments. Through HCNW’s down payment assistance program, clients are provided access to a silent second loan at 0% interest. This second mortgage serves as the down payment needed to satisfy lender requirements for a home purchase loan. Primary sources of funding for these second mortgages is provided through grants awarded to HCNW by City of Tacoma, City of Lakewood, Pierce County, and Housing and Urban Development programs.
Explore our homeownership program eligibility and guidelines and contact us if you qualify or would like more information.
The Homeownership Center provides support for first time home buyers unable to afford a market rate home, but have a good financial profile and steady income. We provide affordable homes and down payment assistance to qualified clients. Our programs and services are designed to support first time homebuyers who earn 80% or less of the Area Median Income.
Down Payment Assistance: Many HCNW clients have limited savings that can be directed toward mortgage loan down payments. Through HCNW’s down payment assistance program, clients are provided access to a silent second loan at 0% interest. This second mortgage serves as the down payment needed to satisfy lender requirements for a home purchase loan. Primary sources of funding for these second mortgages is provided through grants awarded to HCNW by City of Tacoma, City of Lakewood, Pierce County, and Housing and Urban Development programs.
Explore our homeownership program eligibility and guidelines and contact us if you qualify or would like more information.
Homes Now AvailableTake a look at the homes that are now available for purchase through our homeownership program.
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EligibilityExplore the eligibility criteria that we use to select families that we work with and support.
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Program GuidelinesDue to the nature of our program, we have to follow specific guidelines. Learn about those here.
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