Self-Help Homes in Palouse Phase II - 2015
If you’ve been thinking about purchasing a home, don’t miss this opportunity to get reduced payments just for painting the inside and landscaping your new home! No experience is necessary and you work when you have time (evenings, weekends)!
The Self-Help Homes in Palouse are READY for YOU to START PAINTING the inside! FOUR (4) NEW SELF-HELP HOMES HAVE BEEN BUILT in the new subdivision (off of Palouse Cove Road) in Palouse.
With the previous Self-Help Homes, the homebuyer's income had to be below 80% of median income and it had to be their 1st home. For the first time, ANYONE CAN PURCHASE a Self-Help Home, BUT only income qualified homebuyers can receive a down payment loan from the Community Action Center (CAC) - which means a lower payment!
The main focus of CAC is to provide the opportunity to purchase a home for individuals, couples, and families with moderate/low income. Homebuyers with income at 100% or below the median income for Whitman County can receive a Down Payment Loan from CAC to help lower their monthly payment to the lender. The CAC Down Payment Loan amount and terms is based on the homebuyer's income. The loans range from $15,000 up to $30,000 with interest rates from 0 to 2%. Homebuyers above 100% can still purchase a home but will not receive a Down Payment Loan. See the Income Limit Table below or click here to see a larger version:
The Community Action Center (CAC) is committed to provide you with the opportunity to turn your dream of owning a home into a reality. We have built and sold a total of 12 Self-Help Homes in Whitman County and hope to continue building four homes a year. Click here to see pictures of the 12 homes
The homes are ready for you to paint the inside! Homes are sold on a 1st come, 1st serve basis. One (1) home is already sold!!!They will move end before Thanksgiving! See how fast the homes are being built by clicking on the dates: 4/27/15, 4/30/15, 5/14/15, 5/28/15, 6/11/15, 6/23/15. Pictures taken on 10/29/15 will be posted in a few days!
Don’t wait to submit your pre-application because the last four homes we built sold in only a couple of months.
It doesn’t cost you anything to apply. Even if you’re not sure about buying a Self-Help Home, submit the pre-application to see what type of loan and how much you might qualify for. Also, if you’re working with a real estate agent, we will pay the buyer’s real estate fee. It took awhile to find the land and work with the contractor to get the best home for the dollar for you.
We are using the same floor plans as the Uniontown Homes. We were hoping to build larger homes, 3 or 4 bedroom, but the huge increase in land and construction costs made it impossible to do and keep the price under $190,000.
We have also made several changes to the program. Here's some quick highlights, full details are in 'Basic Qualifying Information for the Applicant".
We decided not to use one of our funding sources because:
It added an additional $10,000 to $15,000 cost to the home to have the home "Energy Star Certified". The homes we build are already very energy efficient.
Now anyone can purchase a home! Income qualified applicants can get a Down Payment Loan. The loan is to "bridge the gap between the purchase price and the loan amount from the lender. Click here for the Income Limit and Loan Table
The amount and terms of the down payment loan provided by CAC depends on the annual income of the household. There are now 3 tiers of down payment loans, ranging from $15,000 up to $30,000.
A $2,000 material allowance is provided to the homebuyer in the CAC loan to purchase: their refrigerator, interior paint, and landscaping materials.
Features of the Homes:
Open floor plan with spacious living room, kitchen, and dining area
Eat at Island Bar
3 spacious bedrooms and 2 bath
Master Bedroom with walk-in closet & bathroom
Built-in Dishwasher, also range & refrigerator included
Utility/Laundry room with washer & dryer hook-ups
Natural gas forced air with heat pump air conditioning
Attached 2 car garage (with opener)
For more information
Call: Sandy 509-334-9147 OR on direct line at 509-338-4231
Toll Free in Washington: 1-800-482-3991
You will need the latest version of Adobe Reader in order to read or print the application.
If you can't print the pre-application, we can mail it to you or pick one up at our office.
Don't delay - get your pre-app turned in today!!!
Return your completed Pre-Application to:
Community Action Center
350 SE Fairmont Road #1
Pullman, WA 99163