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 September 13, 2019 and applications are due on November 8, 2019 by noon. The next Homeownership NOFA will be published in the Spring of 2020. Sign-up for our Office of Housing News email list to receive notice of future NOFA publications.



Fall 2019 Homebuyer Assistance Program NOFA

On September 13, 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

Fall 2019 Homebuyer Assistance Application Package items