How it Works

Our next project is construction of two single-family homes in Lincoln City, with anticipated occupancy in late 2022.

The application deadline was March 24, 2021.  The next opportunity to apply will probably not be until 2022 or 2023.

For those whose applications were received or postmarked by March 24, the next steps are:

You will receive one of two letters, based on the self-reported information in your application.​

If you do not meet the initial qualifications of need, willingness to partner, and ability to pay, you will receive a letter that tells you why you did not qualify.

If you did meet the initial qualifications, you will receive a notice of incomplete application with a request for additional documentation. 

 

Step 1:  Submit Documents

Submit all requested documents by the deadline as stated in the letter.

Step 2:  Income Verification

We will use the documents you supply to verify that you meet the income and debt limits of the program.

Step 3:  Credit Check & Sex Offender Background Check

If your verified income and debt still fall within the program limits, you will be asked to submit a credit check sharing request.  There is a $15 fee for this service.  We will also check sex offender lists to verify that applicants and co-applicants do not appear on these lists.

Step 4: Home Interview

The Family Selection Committee will schedule a home visit with qualified applicants and interview the families to further determine the applicants’ level of need.  After all home visits have been completed, the Committee makes a recommendation to the Board of Directors, who then make the final decision for partner family selection.

Step 5: Sign a Partnership Agreement

Step 6: Complete Financial Foundations and Homebuyer Training

Step 7: Complete Sweat Equity Hours / Help Build Your New Home

Ideally, you will complete sweat equity hours by helping build your new home.  You'll learn valuable skills to help maintain your home after the purchase.  Alternative methods for completing sweat equity are available for those physically unable to help with construction.

Step 8: Purchase Your Home / Sign Mortgage Documents

Once the home has been completed and a certificate of occupancy has been granted by the City of Lincoln City, partner families will sign loan documents and mortgage agreements.

Step 9: Move In!!!

Step 10: Begin Monthly Mortgage Payments

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Informational Videos

We’ve created a series of videos to provide information about the HFHLC home ownership program and selection process for our next build.  We recommend watching these videos prior to beginning the application process.

Video 1 

Process Overview

Video 2

Selection Criteria

Video 3

Partnership Requirements

Video 4

Permanent Affordability

Equal Housing Opportunity

We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, gender identity, handicap, familial status, or national origin.

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