Housing Resources Bainbridge
Community Resource
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This initiative supports low to moderate-income earners on Bainbridge Island in buying homes on the Island. It offers homes built on land at below-market rates and provides a long-term land lease.
Intake Process: For more details, visit the website or send an email.
Fees: Please call for additional information.
Quién puede usar esto
- Applicants for homeownership must fill out an application. Buyers should earn less than 120% of the area median income while having sufficient income to cover mortgage, taxes, insurance, and other housing expenses. Typically, applicants need to demonstrate good credit and stable income. Housing costs should not exceed 35% of household income, and total debt must remain below 40% of income. Post-closing assets must not surpass $300,000, and homeowners are required to reside in their homes.
Comuníquese
Bainbridge Island, Washington
By appointment only
Location
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