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Information for Single-Family Lending and Real Estate Professionals
Program Announcement
March 24, 2023
The Washington State Housing Finance Commission is pleased to announce a new Downpayment Assistance Program!
CLARK COUNTY DOWNPAYMENT ASSISTANCE PROGRAM
In partnership with Clark County, funding is now available for the Clark County Downpayment Assistance program for borrowers purchasing within Clark County limits.
Amount Available:
$1.33 million
Dates of Availability:
Loan reservations will be accepted beginning April 3, 2023 for the Clark County Downpayment Assistance Program.
The Clark County Downpayment Assistance program offer up to $60,000 in downpayment assistance and have a rate of 2% simple interest with deferred monthly payments.
Maximum Income Limits
Household income must not exceed $95,850.
Maximum Purchase Price
$600,000.
The downpayment assistance loan must be used in conjunction with a Home Advantage or House Key first mortgage.
Please see the manual on our Website at wshfc.org/sf/downloads.html for complete terms and conditions. Further restrictions apply.
Program funds are subject to availability.
A training for the downpayment assistance will be held for Clark and Lewis County loan officers and real estate agents. Program announcement for location and time details will be forthcoming.
Questions email Dietrich Schmitz or Corinna Obar.