Home$tart and Home$tart Plus promote homeownership by helping homebuyers earning up to 80 percent of area median income,
adjusted for family size, purchase a home. The program assists Home$tart or Home$tart Plus eligible households, who, but
for the receipt of Home$tart Program subsidy, would not be able to afford to purchase or rehabilitate a home.
- The Home$tart Program provides $3 for every $1 of a homebuyer's demonstrated funds, up to $5,000.
- The Home$tart Plus Program provides homebuyers currently receiving public housing assistance with $2 for every $1 of the homebuyer’s demonstrated funds, up to $10,000.
- Home$tart and Home$tart Plus grants may be used for downpayments, closing costs, or rehabilitation of an owner-occupied housing unit—including a condominium or cooperative housing unit—to be used as the homebuyer’s primary residence. Grants may be used in combination with funds from other sources.
Since their inception in 1995, Home$tart and Home$tart Plus have granted more than $45 million to help nearly 9,200 eligible
homebuyers purchase a home (as of December 31, 2013).
Prospective homebuyers must apply for Home$tart grants through a Seattle Bank
participating member financial institution. Please contact a member institution for more information about Home$tart and Home$tart Plus and to find out how to apply.
For Member Financial Institutions
To participate in Home$tart and Home$tart Plus, Seattle Bank members must have a one-time
Application for New Home$tart and Home$tart Plus Programs (pdf) on file with the Seattle Bank. Additionally, members must sign and return an annual Home$tart and Home$tart Plus Regulatory Agreement governing the program year in which the member is participating.
Members currently approved to participate in the 2014 Home$tart and Home$tart Plus programs may enroll new homebuyers at
any time, subject to funds availability. To determine if first-come, first-served funds are available, log in to the
Community Investment Services section of our website. Please do not submit an enrollment
before checking the availability of funds.
To request a User ID for the Community Investment Services section of the website click on “Register Here” under “First Time Visitors” on the
Login page, or contact the Community Programs team via the contact information at the bottom of this page.
To learn more about Home$tart and Home$tart Plus, please review:
Questions? Please contact Community Programs Analysts
Allegra Carscallen (206.340.8702) or
Mandie Ludlam (206.340.2389).