A Bend family got a chance Tuesday to raise the wall on their new home thanks to a nonprofit grant aimed at affordable ownership.
The Adams family got to see the first pieces of their home being built thanks to First Story. That home is directly supported by a $45,000 from Subaru of Bend — the largest donation that First Story has ever received.
First Story uses grant money to build homes at a price that these families can afford. It comes with a zero-down, zero-interest, 30-year home loan.
“Obviously we got chosen. And so from when we first heard about that, we did the counseling with them. Right now, it’s only been a matter of a couple of months,” said Colton Adams, the father of the family.
The Adams family gets to move into their home in August.
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First Story has helped 109 families become homeowners. The non-profit says they include:
100% earn less than 80% of area median income
100% are first-time homebuyers
80% are the first in their families ever to own a home
30% identify as minorities
20% are households with children who have disabilities