Washington County Downpayment Assistance Grant

Washington County Downpayment Assistance Grant is a grant for homebuyers in Countywide, Oregon. The Washington County Downpayment Assistance Grant, administered by Proud Ground on behalf of Washington County, provides forgivable grant assistance to low- and moderate-income first-time homebuyers purchasing in Washington County. Funds may be used for down payment and closing costs. Forgivable down payment assistance grant for low- and moderate-income first-time homebuyers purchasing in Washington County (excluding Beaverton, Hillsboro, Tigard which have separate programs). Forgiven over the affordability period if owner-occupancy maintained. Funding comes from County, HOME, and CDBG.

Washington County Downpayment Assistance Grant is structured as a grant, so it is not repaid. Repayment is triggered by Sale, transfer, refinance without subordination, or loss of owner-occupancy before forgiveness period concludes. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Washington County Downpayment Assistance Grant is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: Typically 640 minimum FICO (lender overlay). A homebuyer education course is required, through Proud Ground Homebuyer Education (HUD-approved); other HUD-approved housing counseling agencies. Residency requirement: Property must be located within Washington County, OR. Citizenship or immigration status: U.S. citizen or qualified non-citizen. Pre-purchase homebuyer education required. Property must be located within Washington County, OR (typically excluding cities running their own DPA). Must complete Proud Ground intake and qualify under Washington County income/AMI guidelines. Maximum purchase price $550,000.

Washington County Downpayment Assistance Grant limits household income to 80% of the area median income, which varies by county and household size. Household income up to 80% AMI for Portland-Vancouver-Hillsboro MSA: 1-person ~$79,450; 8-person ~$107,250 (note: $695,500 figure in seed appears to be a data-entry error; correct top is approximately $107,250 for an 8-person household). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Washington County Downpayment Assistance Grant caps the purchase price at $550,000. Eligible property types include 1-unit single-family, condominium, townhome, PUD. New construction is eligible. Manufactured homes are not eligible.

Washington County Downpayment Assistance Grant serves homebuyers purchasing in Countywide, Oregon.

Applications for Washington County Downpayment Assistance Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Application through Proud Ground; subject to Washington County fund availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.