Picture of a home

The City of Corvallis' Home Buyer Assistance Programs strive to encourage home ownership within city limits. 

The First Time Home Buyer Program provides no interest loans of up to $20,000 for low-income first time home buyers to cover a portion of the down payment/closing costs associated with their purchase of a home within the City of Corvallis.

Qualifications:

  • Property being purchased must be within Corvallis city limits
  • Applicants may not have owned a home in the last three years unless ownership was lost through divorce proceedings
  • Gross taxable household income must be below 80% the HUD low income level for Corvallis (current median level for Corvallis).
  • Applicants must also complete an education program designed to prepare them for home ownership. The education program is provided by Willamette Neighborhood Housing Services, which may be reached by phoning (541) 752-7220 or emailed at info@w-nhs.org.

Print an Applicant Checklist 

The Home Buyer Assistance Programs use federal funding and require applicants to comply with the Uniform Relocation Act, or URA. Click here for a brochure on the Uniform Relocation Act or Click here en español. To learn more about how the requirements of the URA apply to purchasers who are receiving down payment assistance loans from the City of Corvallis, please contact the City's Housing and Neighborhood Services Division as early as possible when you're ready to buy - and ideally, before you make a purchase offer! You can reach us by phone at (541) 766-6552, or by e-mail.

For further information about the City's home buyer assistance programs, contact:

Housing and Neighborhoods Coordinator
Housing and Neighborhood Services Division
P.O. Box 1083
Corvallis, OR 97339
541-766-6552
E-mail

 

 

Last updated: 7/31/2017 7:55:43 AM