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Sam Smith Hi Neighbor Homeownership Fund

Administered by:
HomeSight
· Nonprofit · Deferred Loan
Funding status: Active

How much assistance

Up to $20,000
Not forgivable. Deferred for 30 years or until sale or refinance.

Eligibility

  • Income limits: Between 80% and 120% AMI in Washington state
  • First-time buyer required: No
  • Credit score minimum: 620
  • Geographic restrictions: Washington state. Designed for Black and African American homebuyers. Can be layered on top of existing mortgage loans and other HomeSight purchase assistance.
  • Homebuyer education required: Yes

How to Apply for Sam Smith Hi Neighbor Homeownership Fund

Step 1: Contact HomeSight at (206) 760-4200 or visit homesightwa.org to begin an intake.

Step 2: Complete homebuyer education with HomeSight.

Step 3: Work with a HomeSight-approved lender to layer the Sam Smith Fund with your first mortgage and any other DPA products.

Step 4: Close on your home.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (6 cities across 1 state)