Even before the COVID-19 pandemic, local non-profit NeighborImpact reported home ownership as being unattainable for many Central Oregonians. Now, through a partnership with Central Oregon Association of Realtors, home ownership is more of a reality with “On the Home Stretch,” a closing cost assistance program.
On the Home Stretch offers assistance navigating the home buying process through counseling with a certified housing counselor. Participants gain knowledge and skills relevant to the current market, learn about other assistance programs available to them and receive up to $1,000 towards closing costs. Funding for the program is provided by Central Oregon Association of Realtors (COAR).
“COAR supports efforts to make housing more attainable in Central Oregon,” said Louie Hoffman, COAR 2021 President. “With the current inventory levels the market is very competitive and every bit helps toward achieving the dream of home ownership.”
To be eligible for the program, home buyers must purchase a home located in Central Oregon in the 2021 calendar year. Income limits and other eligibility requirements apply. For more information or to apply for the program, visit https://www.neighborimpact.org/homestretch/.
