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Important Announcements |
The 2009 Home$tart Program year began on May 1, 2009, and will continue through April 30, 2010. Please refer to the
2009 AHP Implementation Plan (pdf) for detailed information regarding program requirements.
We invite participating members to order Home$tart Program posters and brochures to support their marketing efforts.
Online Order Form.
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The Home$tart Program promotes homeownership by helping first-time homebuyers earning
up to 80 percent of their area’s median income, adjusted for family size, purchase
a home.
- The Home$tart Program provides $3 for every $1 of a household's funds up to $5,000.
Home$tart grants may be used for downpayments, closing costs, or rehabilitation
of an owner-occupied housing unit, including a condominium or cooperative housing
unit, to be used as the household’s primary residence. Grants may be used in combination
with funds from other sources.
Since its inception in 1995, Home$tart has granted more than $38.2 million to help
nearly 7,800 first-time homebuyers purchase their first homes. (as of April 1, 2009)
For Homebuyers
Prospective homebuyers must apply for grants through a Seattle Bank
participating member financial institution.
For Member Financial Institutions
To participate in Home$tart, Seattle Bank members must complete and submit a one-time
Application for the Home$tart and
Home$tart Plus Programs.
2009 Home$tart Program Allocation Strategy (effective May 1, 2009 – April 30, 2010):
Home$tart Program funding is currently available to all Seattle Bank members on
a first-come, first-served basis:
- If you are currently participating in the Seattle Bank’s Home$tart Program, you
may enroll new homebuyers at any time. Enrollment and disbursement forms are available
in the Community Investment section of the Seattle Bank's Web site at
www.fhlbsea.com.
- If you are not currently participating in the Seattle Bank’s Home$tart Program,
but would like to do so, please contact Community Programs Analyst
Lindsey Bernacchi (206.340.8710).
- To determine if first-come, first-served funds are available, please
Community Investments application. Please do not submit an enrollment before checking the
availability of funds.
To learn more about Home$tart:
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