Important Announcements
Home$tart funds will be made available to eligible members on a first-come, first-served
basis. Please refer to the
2010 AHP Implementation Plan (pdf) for detailed information
regarding program requirements.
We invite participating members to order Home$tart Program posters and brochures
to support their marketing efforts. Online Order Form.
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 $5,000.
- The Home$tart Plus Program provides households receiving public housing assistance
with $2 for every $1 of the household’s funds, up to $10,000.
- Home$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 $41.4 million to help
more than 8,400 first-time homebuyers purchase their first homes (figures are as
of December 31, 2009)
For Homebuyers
Prospective homebuyers must apply for grants through a Seattle Bank
participating member financial institution.
For Member Financial Institutions
To participate in Home$tart, Seattle Bank members must complete and submit a one-time
Application for the Home$tart and
Home$tart Plus Programs. Additionally, members must sign and return a Home$tart
Regulatory Agreement that governs the program year in which the member is participating.
If a member is currently participating in the Seattle Bank’s Home$tart Program, they
may enroll new homebuyers at any time subject to funds availability.
Enrollment and Disbursement Forms.
If a member is not currently participating in the Seattle Bank’s Home$tart Program,
but would like to do so, please contact
Craig Horton, Community Programs Analyst (206.340.2436).
To determine if first-come, first-served funds are available, please
log on to the Community Investments online application. Please do not submit
an enrollment before checking the availability of funds.
To learn more about Home$tart:
If you are a prospective homebuyer, please see our list of
participating member financial institutions. The contacts listed on this
page can provide more information about Home$tart and how to apply.