Delridge Homes- 15th Ave Homes, WA (Highland Terrace II)

Welcome to the second phase of our Highland Terrace development located in the desirable Delridge neighborhood of Seattle, WA. The stunning development will feature 2 and 3 bedrooms with brand new appliances including a refrigerator, dishwasher, washer and dryer in-unit. With new flooring, paint and more; you’ll have a great combination of style and design.

The Delridge neighborhood is a vibrant and active community with parks including Roxhill Park, Milo Park, Highland Park Playground, and Westcrest Park! In just minutes, you’ll be in great restaurants, shopping, entertainment, Downtown Seattle and the I-5. The homes also have access to multiple bus routes within a few block radius along with numerous public, charter, and private school options nearby. This is a truly wonderful place to call home!

Expected to be completed by Fall 2024

Unit Mix

6 units total:

  • 2 units – 3 bedrooms, 1.75 baths
    • 1087 sq. ft.
  • 4 units – 2 bedroom, 1 bath
    • 700 – 709 sq. ft.

Parking:

  • 1 on-site parking spot per home

Resident Profile

  • Must have income less than 80% AMI
  • Homes will be resale restricted to provide for permanent affordability
  • Must be willing to partner and complete sweat equity hours
  • Must meet lender requirements and secure financing to meet minimum mortgage amount

Financial Information

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. 

For the 2 bedroom homes, the housing payments will be between $1,550.00 – $2,200.00. For the 3 bedroom homes payments will be between $1,850.00 – $2,500.00. 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).


Availability

Applications are expected to open Summer of 2023. To get updates when applications open, sign up for our Mailing List Below