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Homeownership Program offered at Home Ownership Center of Tacoma

Homeownership Program offered at Home Ownership Center of Tacoma

Community-based, nonprofit organization, that builds, refurbishes and finances homes in Tacoma's Upper, East Side and South End Neighborhoods as well as parts of Pierce County and Lakewood. Program is designed to assist first-time homebuyers whose incomes are 80% or less of the Pierce County median income. HCNW also offers the Washington State Housing and Finance Commission's "First Time Homebuyer Class."

Physical Address

934 Broadway, Tacoma, WA 98402

Hours

M-Th, 9am-4pm

Application process

Call the agency to find out about upcoming homebuyer orientation and financial counseling opportunities. No documentation is required to attend the orientation or First Time Homebuyer Class. There will be an application and other documentation needed for the Homeownership Program.

Fee

No fees for the Orientation Class or the First Time Homebuyer Class. For the Homeownership Program, there is $49 up front application fee. Must have $1000 down payment for home purchase, and $600 for closing costs once financing is secured.

Eligibility

- Must be a first-time homebuyer or haven't owned a home in the last three years, - home must remain owner occupied, - must meet income guidelines, and - attend a 5 hour homeownership class.

Service area

98407 98408 98443 98409 98411 98416 98445 98466 98446 98418 98421 98422 98424 98401 98402 98403 98404 98405 98465 98406

Agency info

Home Ownership Center of Tacoma

Community-based, nonprofit organization, that renovates and builds affordable homes in the Greater Tacoma area and Pierce County. the HCNW program is designed to assist first-time homebuyers whose incomes are 80% or less of the Pierce County median income. Orientation is available online with registration on Monday evenings at 6pm. HCNW also offers the Washington State Housing and Finance Commission's "First Time Homebuyer Class."