Affordable Housing in Bend: How to Qualify for RootedHomes or Habitat for Humanity Programs

Affordable housing in Bend is a pressing concern as home prices remain high, but there are opportunities for qualifying residents to secure homes through programs like RootedHomes and Habitat for Humanity. These organizations provide housing options at below-market prices to help individuals and families achieve homeownership in Central Oregon.

RootedHomes: Bend’s Community Land Trust

RootedHomes, formerly known as Kôr Community Land Trust, offers affordable homeownership by retaining ownership of the land, allowing buyers to purchase homes at a reduced cost.

How It Works:

• Buyers purchase only the home, not the land.

• RootedHomes retains ownership of the land to keep housing affordable for future generations.

• Homeowners sign a 99-year ground lease with resale restrictions to maintain affordability.

Eligibility Requirements:

• Must be a first-time homebuyer or not have owned a home in the past three years.

• Meet specific income limits, typically 80-120% of the Area Median Income (AMI).

• Demonstrate financial readiness, including savings for a down payment and good credit history.

How to Apply:

1. Attend an informational session hosted by RootedHomes.

2. Submit an application with documentation of income and financial status.

3. Complete homebuyer education courses to prepare for ownership.

Habitat for Humanity of Central Oregon

Habitat for Humanity offers an affordable path to homeownership through its sweat-equity model. Participants contribute labor to building their home and others in the community.

How It Works:

• Homes are sold at no profit with affordable financing.

• Buyers contribute 200-300 hours of "sweat equity" by working on construction, attending financial literacy classes, or volunteering.

Eligibility Requirements:

• Income must fall between 35-80% of the AMI.

• Demonstrate a need for housing, such as overcrowding or unsafe living conditions.

• Show the ability to pay an affordable mortgage and manage finances responsibly.

How to Apply:

1. Complete a pre-qualification questionnaire to determine eligibility.

2. Attend an application workshop.

3. Provide documentation of income, employment, and housing needs.

Comparison: RootedHomes vs. Habitat for Humanity

Feature	RootedHomes	Habitat for Humanity
Income Range	80-120% AMI	35-80% AMI
Ownership Model	Land trust (land retained)	Full ownership with affordable mortgage
Homebuyer Education	Required	Required
Sweat Equity Requirement	Not required	200-300 hours
Focus Area	Permanent affordability	Addressing urgent housing needs

Tips for Applying to Affordable Housing Programs

1. Review Income Limits: Check the latest income thresholds for eligibility based on household size.

2. Prepare Financially: Improve your credit score and save for a modest down payment.

3. Attend Workshops: Educational sessions are often required and provide crucial guidance on the application process.

4. Be Patient: Affordable housing programs often have long waitlists due to high demand.

Programs like RootedHomes and Habitat for Humanity offer invaluable opportunities for residents of Bend to break into the housing market. By understanding the eligibility criteria and application processes, you can take steps toward affordable homeownership in Central Oregon.

FAQs

1. Can I apply to both programs?

Yes, as long as you meet the eligibility requirements for each program, you can apply to both to increase your chances of securing affordable housing.

2. What is AMI, and how is it calculated?

AMI stands for Area Median Income, which is determined annually by the U.S. Department of Housing and Urban Development (HUD) based on local income data.

3. Are there other affordable housing options in Bend?

Yes, other organizations like NeighborImpact and USDA Rural Development also offer housing assistance in Central Oregon.

4. Can I sell my RootedHomes house at market value?

No, RootedHomes properties have resale restrictions to maintain long-term affordability.

5. How long does the Habitat for Humanity application process take?

The process can take several months, depending on demand and the availability of homes.

Take the first step toward affordable homeownership by exploring these impactful programs today!