Located in the Capitol hill neighborhood in Seattle, these condo-style homes are slated to be built and you could be one of the first new homeowners! Situated in a dense and vibrant neighborhood, the condos 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. These homes also have great access to public transportation including light rail and bus. There are numerous public, charter and private school options nearby.
- 13 condominiums
- 6 1 Bed/1 bath – 487 sq. ft.
- 5 2 Bed/1 bath – 700 sq. ft.
- 2 3 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: $1,375.00 – $1,800.00
- 2BR: $1,770.00 – $2,050.00
- 3BR: $2,035.00 – $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).
Download the Lender Letter below, and contact one of our lenders to get preapproved. Pre-approval is a requirement for your application to be considered.
In an area with an average home price over $815,000 and rising, the sales price on these homes will range from $400,000 to $600,000. 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 will be available August 15, 2021.