At First Story, we believe that owning your own home and building equity is a path to ending the cycle of multi-generational poverty. And we believe that hardworking, capable and prepared families deserve this chance at success - it's why we're here. First Story's affordable loan program provides zero-down, zero-interest, 30-year loans to qualified individuals purchasing their first home. 

First Story homes are located in charming neighborhoods and thriving Hayden Homes communities across Oregon, Washington and Idaho. Homes are new builds, or fully remodeled through our Fresh Start program, with the same quality, care and aesthetics as all of the homes in that community. Homes are sold move-in ready with all appliances, washer & dryer, blinds and front & backyard landscaping. 

While it’s our mission to provide quality homes and  interest-free loans, it’s our families’ job to prepare for a successful homeownership journey. We ask all applicants to contact a local housing authority or housing assistance program to take specific home buying and budgeting classes prior to applying for a First Story home. 


Applications are only accepted during open application periods and from applicants who meet the following qualifications: 

  • Your total gross - before taxes and deductions - Median Family Income (MFI) is at or below 80% of area median income. Check out our Area Median Income chart for guidance: AMI Chart.
  • Your monthly gross income meets the minimum amount required to pay a monthly principal, insurance & tax payment.  Monthly gross income estimated to be between $3,200-$4,600 per month (or $39,000 - $60,000 annually) depending on household size and funds available for down payment (down payment is not required but may help you qualify). 
  • Applicant must be able to income qualify at application and at closing.
  • You currently have no negative credit accounts or items in collections.
  • You currently live or work in the county where the home is being built.   
  •  You are a U.S. citizen or have permanent resident alien status (required for applicant only). 

2023 Homes coming soon

New construction

Homes are new builds constructed by Hayden Homes and located in existing Hayden Homes communities throughout Oregon, Washington, and Idaho. Type of home and location are pre-determined.

Bend, Oregon 
First Place Community

fresh start program

Homes are fully remodeled by Hayden Homes or Simplicity Homes and located in existing Hayden Homes communities throughout Oregon, Washington, and Idaho. Type of home and location are pre-determined.

Redmond, Oregon 
Carly Meadows Community


First Story partners with nonprofits across Oregon, Washington, and Idaho to help create affordable housing opportunities. Before applying for a First Story home, we encourage you to connect with a housing partner in your area to begin your journey to homeownership.

Cornerstone Community Housing (Lane County, OR),  Homes for Good (Lane County, OR), DevNW (Lane County, OR), Linn Benton Housing Authority (Linn & Benton Counties, OR), NeighborImpact (Deschutes County, OR), NeighborWorks Boise (Ada County, ID), Community Frameworks (Spokane County, WA), Blue Mountain Action Council (Walla Walla County, WA), Kennewick Housing Authority (Benton County, WA)