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. Since 1998, we've been changing lives through homeownership throughout the Pacific Northwest.

First Story homes are located in charming neighborhoods and thriving Hayden Homes communities. Homes are built with the same quality, care and aesthetics as all of the homes in that community. Homes are sold with all appliances, washer & dryer, blinds and front & backyard landscaping. This integrated approach to homeownership provides a hand-up to deserving and capable families.

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 your local housing authority or housing assistance program to take specific home buying and budgeting classes prior to applying for a First Story home. 

“Homeownership means that my kids get a chance at a more stable life in our one-parent household and it empowers me to set no limits.”

Jillian Hanes, Home Recipient

"You are making a difference for me."

Gilberto Camargo, Home Recipient

"This home allowed me to heal. Now, I help other families do the same.”

Annette Bovent, Home Recipient

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 curriculum is still very interactive. Classes are 3-consecutive Mondays each month. Sign up for September & October NOW! 

NeighborImpact is now accepting applications for 2021.

2020 & 2021 hOME LOCATIONS

We are currently accepting applications for:                     

Airway Heights, Washington – Sunset Crossing (2020 & 2021)

Springfield, OR - Jasper Meadows (2021)

Nampa, ID - The Ranch (2021)




WHO IS ELIGIBLE?

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

  • Your total gross Median Family Income (MFI) before taxes is at or below 80% of area median income for the county where the home is located. 
  • Your monthly gross income meets the minimum amount required to pay a monthly principal, insurance and tax payment. Minimum income requirement varies based on the home’s sale price, but typically it is $3,200-$5,100 per month.
  • You currently have no negative credit accounts or items in Collections.
  • You currently live in the area where the home is being built.
  • You are a U.S. citizen or have permanent resident alien status.

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, please click the link below to download the application.  Be sure you meet the eligibility requirements listed on this page before submitting an application.  

2020 Application - Airway Heights Only

2021 Application