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- EIN 91-1765830
- (509) 888-6784
- 1555 S Methow St Wenatchee WA 98801-9417 USA
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Nonprofit Overview
Causes: Economic Development, Urban & Community Economic Development
Mission: A grass-roots non-profit organization that advances affordable homeownership for low-income families in chelan and douglas counties via down-payment assistance for first-time buyers, free financial counseling and homebuyer education, community land trust properties, new home construction and legislative advocacy.
Programs: The association obtained grant funding to provide down payment assistance funds to qualifying homebuyers. They also used the grant funding to purchase land that will be used in a land trust program where the organization will own the land to perpetuity therefore ensuring the homes residing on the land the organization owns will always be used for low-income families. The association obtained grant funding and bank financing to construct and sell 16 single family homes to qualifying low income families. 12 homes were sold in 2004, with the remaining 4 homes were sold in 2005. In 1999 the association constructed and sold 21 homes in cooperation with qualifying low income families. All homes were sold during 1999. The association is currently collecting on the underlying mortgages of the home sales, & down payment assistance programs, the proceeds of which will be used to enable the association to build future low income housing projects, provide additional down payment assistance to qualifying families, or purchase additional land through their land lease program. In addition, the association is currently providing homeownership counseling to qualified individuals who are in the process of purchasing homes.