Financial qualification
- Maximum household size: 6
- Minimum income: $73,320.74
- View income guidelines and program qualifications
Property snapshot
- Style: duplex/townhome
- Bedrooms: 3
- Bathrooms: 1 full bath and 1 half bath
- Square Footage: 1,232
- Parking: 1 assigned parking space
- Additional guest parking on site
- Heating: Forced air
Features
- Energy-efficient appliances include a range, refrigerator, dishwasher, washer, dryer
- Earth Advantage Platinum energy efficiency certification on all units
- Solar ready
Schools
- Reynolds School District
- Hartley Elementary School
- Reynolds Middle School
- Reynolds High School
Nearby
- Nadaka Nature Park – across the street
- Albertson’s Grocery Store – 0.2 miles
- Pat Pfeifer Park – 0.3 miles
- Gresham Habitat for Humanity ReStore – 0.3 miles
Transit
- Bus #25
- Bus #87
- Max Blue Line
Additional information
- Homes will be resale restricted to provide for lasting affordability.
- Must be willing to partner and complete homeownership program requirements.
- Must meet partner lender requirements and secure financing to meet minimum mortgage amounts based on income. Your monthly payment will be based on your income and household size.
Fern Loan Program Eligibility for Myrtlewood Way
This home is designated for a buyer who qualifies for Habitat’s Fern Loan Program. Under this program, buyers must demonstrate that they can afford the home’s full affordable purchase price with a resulting monthly housing payment that is at or below 34% of gross monthly income.
Habitat partners with lenders to provide below-market interest rate mortgages, which significantly lowers monthly payments. Based on current rates, buyers typically need an annual household income of approximately $73,320.74 to qualify without other resources.
Buyers with secured down payment assistance, grants, subsidies, or personal savings may also qualify with a lower household income, as these resources reduce the amount that must be financed.
Applicants using these resources must provide documentation showing the funds or assistance have been secured at the time of application.
All renderings/images shown are for illustration only.