Homeownership

The Office of Housing (OH) supports low-income households to achieve the dream of homeownership - and to retain their homes once purchased - in a variety of ways. OH funds down payment assistance loans, foreclosure prevention loans and development loans for the creation of resale-restricted affordable ownership homes through partnership with local non-profit program administrators and affordable homeownership developers.

If you are a low-income homebuyer, please contact one of our partner homeownership organizations and learn whether you are eligible here. If you are housing developer please see any open requests for proposals or notice of funding available below. You can also sign up for Office of Housing News email list to learn of new opportunities when they become available.

Homeownership Funding

Twice per year the Office of Housing (OH) publishes a Notice of Funding Availability (NOFA) for the Homebuyer Assistance (HBA) Program. The notice describes the specific eligible uses, funding priorities, application requirements and evaluation criteria for affordable homeownership projects and programs funded by OH. The source of this funding is the Seattle Housing Levy.

The current funding round opened April 8, 2019 and applications are due on May 24, 2019 by noon. The next Homeownership NOFA will be published in the Fall of 2019. Sign-up for our Office of Housing News email list to receive notice of future NOFA publications.



Spring 2019 Homebuyer Assistance Program NOFA

On April 8, 2019, the Office of Housing announced funding available for homeownership projects including the development of resale-restricted affordable homes, down payment assistance and bridge loans. Homeownership developers and down payment assistance program administrators are invited to submit applications for funding for projects or programs to create affordable homeownership opportunities for low-income, first-time homebuyers in Seattle. Notice of Funding Availability and Application details are below.

For more information, contact Erika Malone at 206.684.0247.

Funding Announcement

Spring 2019 Homebuyer Assistance Application Package items

Seeking developer for surplus land at Phinney Ave N:

The City of Seattle Office of Housing (OH) is seeking proposals from qualified developers interested in acquiring the City-owned land located at 6109 Phinney Ave N. to develop resale-restricted affordable ownership housing at the site.

The City's objectives to create lasting community benefit include an affordability period of not less than 50 years, maximizing the site's development potential and the creation of high-quality product.Proposals are due by May 24, 2019 by 12:00 PM noon. View the RFP below. Questions can be directed to Erika Malone 206-684-0247, erika.malone@seattle.gov.

Additional background information and due diligence reports, surveys maps, etc.

Seeking developer for surplus land at Loyal Heights:

The City of Seattle Office of Housing (OH) is seeking proposals from qualified developers interested in acquiring the City-owned land located at 7750 28th Avenue NW(Loyal Heights), to develop resale-restricted affordable ownership housing at the site.

The City's objectives to create lasting community benefit include an affordability period of not less than 50 years, maximizing the site's development potential and the creation of high-quality product.Proposals are due by May 24, 2019 by 12:00 PM noon. View the RFP below. Questions can be directed to Erika Malone 206-684-0247, erika.malone@seattle.gov.

Additional background information and due diligence reports, surveys maps, etc.