First Story, Hayden Homes and community members “raised the wall” on a new home in the Apple Valley Ranch community yesterday. First Story invites Southern Washington families to apply to receive a zero-down, zero-interest mortgage for this home and two homes in Kennewick, with move-in dates later this year.
To be eligible for one of the three First Story homes, families must have completed or be willing to complete a homeownership education course, be earning income at 80 percent of area median income or below and be able to afford monthly payments. Interested applicants can email First Story at [email protected] for more information. “We’re excited to put out the call to families who are ready to take the big step forward into homeownership,” said Claire Duncan, executive director of First Story. “100 percent of First Story families are first-time homebuyers. It’s our role to open the door to a brighter financial future, and then cheer on our families as they set a new course for what’s possible in their lives.” First Story’s homes are located in existing Hayden Homes communities and built with the same quality, care and aesthetics as every other home in the neighborhood. Homes are sold with all major appliances, a washer and dryer and finished landscaping so that they’re move-in ready for families. First Story’s affordable home loan program is supported by a strong partnership with its founder, Hayden Homes, plus in-kind donations of labor and building materials and the financial support of a robust network of donors. Through this innovative collaboration, eligible families receive a zero-down, zero-interest, 30-year mortgage on their very own Hayden Home. To date, First Story has supported 109 families to become homeowners. Of those families,
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