Thistle & Nest, a Central Oregon based nonprofit, is proud to announce the launch of an ambitious and impactful Affordable Housing Initiative, aimed at addressing the pressing housing crisis in our local communities. This initiative will make the dream of homeownership a reality for hundreds of families and individuals struggling to find affordable and safe housing options in Central Oregon.
Skyrocketing housing prices along with increasing challenges in accessing housing, Thistle & Nest is taking proactive steps to ensure that families in Bend, Madras and Prineville have the opportunity to live in a safe and stable home. The nonprofit is committed to making homeownership accessible for individuals and families who may have previously thought it was out of reach. Homes will be available for purchase in Bend starting in early 2024, and in Madras and Prineville starting in 2025. The waitlist is open to households that have an approval letter from a lender and meet the program requirements.
Key features of the Affordable Housing Initiative include:
1. Affordable Pricing: Thistle & Nest Nonprofit is working closely with local governments, Oregon Housing and Community Services, land owners, developers, and Kine & Kine Properties to offer homes at significantly reduced prices, making them accessible to a broader range of income levels.
2. Financial Assistance: Thistle & Nest Nonprofit provides financial assistance and possible down payment support to eligible homebuyers, reducing the barriers to homeownership.
3. Geographically Diverse Communities: Thistle & Nest is currently developing homeownership communities in Bend, Madras & Prineville – providing opportunity for hundreds of families to obtain the dream of homeownership. The nonprofit plans to acquire land for communities in Redmond and Sisters in the upcoming year.
4. Sustainable and Energy-Efficient Homes: The homes offered through this initiative are designed to be energy-efficient, reducing utility costs and environmental impact, and to be built with quality, low-maintenance products.
5. Homebuyer Purchase Support: Thistle & Nest is committed to comprehensive homebuyer education and support to ensure that new homeowners are well-prepared for the responsibilities of ownership. We act as a conduit between our buyers and their lender, and partner with NeighborImpact to help households obtain the required education.
Interested parties can learn more about the first steps toward a home purchase by visiting www.thistleandnest.org, or by emailing info@thistleandnest.org.
