FIRST STORY'S AFFORDABLE HOme loan program

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 built 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. 

View Current Floorplans

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. 

Our Housing Partners: 
Homes for Good
NeighborWorks Boise
Walla Walla Housing Authority

“You rescued me.”

Tammy, Home Recipient

"You made our dreams come true."

Debi, Home Recipient



"Finally our daughter has a home where she can easily be herself.”

Gilman Family, Home Recipients

MCKENZIE MEADOWS - SISTERS, OREGON

First Story is excited to offer homes for sale in the McKenzie Meadows neighborhood in Sisters, Oregon.  The 1,058 square foot, three-bedroom and two-bath homes will be constructed by Hayden Homes.  To be eligible to apply for a home, all applicants must first complete the Homebuyer Education Class and a home buying counseling session through NeighborImpact.              

Completion of the Homebuyer Education Class is not a guarantee of an interview or selection for housing. Currently classes are virtual with a live instructor. The currculum is still very interactive. 

NeighborImpact is no longer accepting applications for 2021.

2021 hOME LOCATIONS

We are currently accepting applications for:
Rathdrum, ID - Brookshire 
Springfield, OR - Jasper Meadows

Walla Walla, WA - BMAC

We are NO LONGER accepting applications for:
Caldwell, ID - Heartleaf


WHO IS ELIGIBLE?

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.
  • 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). 

APPLY

To apply for a loan for a home in McKenzie Meadows, see information at the top of this page.                 

To apply for a First Story home in one of our other locations, reach out to one of our housing partners listed above or click the link below to download the application.  Be sure you meet the eligibility requirements listed on this page before submitting an application.  

2021 Application