Proud Ground-1st Time Homebuyer Downpayment Grant

Do you qualify for this opportunity? Learn about 5 grants still available to first-time homebuyers and the qualifications necessary to be a recipient. Funds up to $101,000.00 to purhcase your own home.

Grant recipients must be first-time homebuyers, meet income qualifications listed below and work for a major employer in Lincoln County including Confederated Tribes of Siletz Indians, Lincoln County Schools, Lincoln County, City of Lincoln City, Housing Authority of Lincoln County, City of Newport, or Samaritan North Lincoln Hospital (Additional major employers can be added. Contact us if you work for a major employer not on the list).

Must qualify for a mortgage with a Proud Ground approved lender.

The home purchased must be located within Lincoln County.

Must qualify for a MINIMUM mortgage of $145,000 – $175,000 & have at least $4,000 of personal money for earnest money & inspections.

Grant funds will help you purchase a home priced up to $260,000

Owner-occupancy, income limits, resale, and other restrictions apply.

Interested in this Grant? Follow these next steps:

  1. Attend a free Proud Ground Homebuyer Information Session:
    City of Lincoln City Employees:
    Friday, July 19th, 10:30 – 11:30 am
    Driftwood Library Community Room 801 SW Hwy 101 #201, Lincoln City 97367
    City of Newport Employees:
    Friday, July 19th, 2:30 – 3:30 pm
    Newport City Hall Council Chambers, 169 SW Coast Hwy, Newport 97365
    NW Coastal Housing Residents & Employees of Partner Organizations:
    Friday, July 19th, 5:00 – 6:00 pm
    NW Coastal Housing, Upstairs Conference Room 7450 NE Avery St., Ste. A, Newport, OR 97365
  2. Obtain a loan pre-qualification letter from one of the Proud Ground approved mortgage-lenders listed below:
    Debe Arbona Ralph Austin
    NMLS #501254 NMLS #720620
    Umpqua Bank HomeStreet Bank
    (541) 574-2876 (503) 219- 0784
    DebeArbona@umpquabank.com ralph.austin@homestreet.com
    Jamie Fritzsche
    NMLS #1030946
    Evergreen Home Loans
    (541) 418-5012
    jfritzsche@evergreenhomeloans.com
  3. Contact Proud Ground to schedule an application meeting:
    Contact Ryan at 503.493.0293 x 18 or ryan@proudground.org
  4. Attend a homebuyer education class.
    Contact Willamette Neighborhood Housing Services 541-752-7220 or visit https://w-nhs.org/home-ownership-center/homebuyer-classes/homebuyer-classes-registration/
  5. Grants will be available on a first come, first served basis to qualified buyers.
    To be eligible buyers must attend a Proud Ground information session, complete a Proud Ground application and obtain loan pre-qualification from an approved lender.
  6. Register online: https://www.tfaforms.com/4651670 or contact Ryan at 503.493.0293 x 18 or ryan@proudground.org

Questions? Please contact:

Marita DeLeon: Phone (503)493-0296 x 14 or Email: marita@proudground.org

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7450 NE Avery Street • Suite A
Newport, OR 97365

541-574-0320

 

NWCH Office
7450 NE Avery Street • Suite A
Newport, OR 97365

The Ridge Apartments
3340 SE Harbor Drive
Lincoln City, OR 97367

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