First Story and Hayden Homes Partner to Provide Affordable Homeownership Opportunities to Local Families
The nonprofit First Story is inviting families to apply to own a home through a unique partnership with Oregon-based builder Hayden Homes. Through this partnership, First Story will provide a 30-year, zero-interest loan that requires no down payment or specific credit score on a new Hayden Home.
To date, 117 families in the Northwest have become homeowners through this program; and now, First Story is building a new home in Springfield in 2024 and is looking for a qualified family to achieve their dream of homeownership.
About the new Hayden Home
Woodland Ridge is located in the Thurston area of Springfield, tucked right behind bustling businesses, yet with a quiet and calm atmosphere. The First Story home features three beds, two baths, and a two-car garage, and will be sold with appliances, window blinds and full landscaping and fencing.
Other details
- New construction located in the Hayden Homes community of Woodland Ridge
- Alderwood Home Plan
- Sale price: $375,000
- Get full details on the flyer
How to Get Started
- Target families will have a gross Median Family Income (MFI) below 80% of the area median income; this relates to middle-income earners between $60,000-73,000 (three- to five-member household)
- Must currently have no negative credit accounts or items in collections
- Must currently live or work in Lane County
- Must be a U.S. citizen or have permanent resident alien status (required for applicant(s) only)
- Must be a first-time home buyer
Interested applicants are encouraged to e-mail First Story at info@firststory.org or call 541-728-0830, ext. 5.
Housing diversity is one of the top priorities in the Springfield Area Chamber of Commerce’s 2024 strategic plan. For more on the Chamber’s efforts around housing diversity, please view the following articles in The Bottom Line:
