**APPLICATIONS ARE CLOSED**
This is a great opportunity to live in the city with everything just minutes away. The 5 story condominium will be situated in a dense and vibrant neighborhood, and are conveniently located near various parks including Cal Anderson Park, Broadway Hill park, and Volunteer Park. Within walking distance, there are a variety of shops, restaurants and grocery stores to choose from including Walgreens, Safeway and QFC. These homes also have great access to public transportation including the light rail and bus. There are numerous public, charter and private school options nearby.
These condos will have new appliances with a washer and dryer in-unit. Featuring new flooring, paint and more, you’ll have a great combination of style and convenience. There will also be bike storages and a caged metal storage locker in the basement for every unit. Some of the top units will have a great view of the Seattle Space Needle. Outside, the backyard will be a great hang out spot and moving in will be a breeze with the elevator in the condominium.
Expected to be completed by mid 2022
- 13 condominiums
- 6 One-bed/1 bath – 487 sq. ft.
- 5 Two-bed/1 bath – 700 sq. ft.
- 2 Three-bed/1 bath – 949 sq. ft.
- 13 applicants
- Less than 80% AMI
- Willing to partner & complete sweat equity
- Residing/Employed in King County 1+ year
Habitat requires our homebuyers to finance the purchase of their home with a mortgage. Any portion of the projected purchase price which is not covered by the mortgage, cash down payment, and/or down payment assistance will be provided by Habitat. Below are the payment ranges based on unit size:
- 1BR: $1,200.00 – $1,800.00
- 2BR: $1,525.00 – $2,050.00
- 3BR: $1,725.00 – $2,300.00
Your monthly payment will be based on your income and household size. Homebuyers must show that they can afford this payment without being cost-burdened (defined as spending more than 35% for your gross income for housing).
As with the more than 390 new, low-income homeowners Habitat has served in King County, these new residents will receive financing with help from Habitat to ensure their housing costs are affordable. The property will be placed in a land trust providing permanent affordability for future generations and ensure that working individuals and families continue to have a place to build lives in Seattle.
Applications closed October 1st, 2021.