Non-profit Providers

Proud Ground Homebuying Program (formerly PCLT) Last Verified 08/23/10 - Updated 9/10/09

Edward Gutierrez, Community Outreach Coordinator 5288 N. Interstate Avenue Portland Oregon 97217 503-493-0293 ext 10

Nonprofit Program Overview

Pround Ground provides affordable housing to income qualified, first-time home buyers. Pround Ground sales prices range from $110,000 to $160,000. In exchange for an affordable sales price, buyers agrees to an appraisal based resale formula that ensures that the home is affordable to the next income qualified home buyer.

Available to these counties

Multnomah

Other Information
Admission requirements:	Must be a first time home buyer (has not owned property for 3 years) at or below 80% of the area median family income. Buyer needs to have a credit score of 620 or higher, a steady source of income and not be debt burdened. Household must be at or below 80% of the area median family income by family size. Typically buyers need to earn a minimum of $30,000/year to afford a Proud Ground home, unless they have another source of down payment. Types of properties that are eligible include condos, single family homes, new construction and remodeled homes.
Waiting list:	None
Fee schedule:	There is a $25.00 application Fee.
Languages spoken by staff:	English and Spanish. Interpretation available for other languages