Hope-4-Homes
Program Overview
The Hope-4-Homes program provides low- and moderate-income Beaverton homeowners with low- to no-interest loans of up to $20,000 to rehabilitate their homes. Staff from
Unlimited Choices will help you determine what work needs to be done, write up your project, and secure bids from at least three qualified contractors. You get to choose who will work on your home.
Once the project is finished, staff will make sure you are satisfied with the quality of the work and will handle making payments to the contractors. You will then begin repaying the loan based on the terms of the loan agreement (in some cases, payment will be deferred). All loans, regardless of the repayment schedule, are due in the event that you sell, move away from, or refinance your home.
What Activities are Eligible?
Hope-4-Homes can help Beaverton homeowners address life and safety issues in their home including, but not limited to:
- Lead based paint hazards
- Correction of code violations
- Roof
- Doors and window (if failing)
- Electrical issues
- Heating
- Plumbing
- Water Heater
Who is Eligible?
Homeowners who are interested in applying for the Hope-4-Homes program should meet the following criteria:
- The annual income for the household must be below 80% of the area’s median family income (see the program income limits to learn more). Please include income from all persons who are 18 and older and live in the home. Your application will use the adjusted gross income from your taxes to document your income.
- Your home must be owner-occupied.
- Your household must not have more than $25,000 in assets (money in a checking, savings, or other money account; additional property; luxury items; or other similar items). Note that your vehicle and retirement accounts (such as a 401(k), IRA, or other similar retirement fund) are exempt.
- You must be current on your mortgage.
- You must live within Beaverton's City limits. If you do not live in the City, Washington County has a similar housing rehabilitation program. To learn more about the county’s program, please call (503) 846-8814.
Request an Application
To learn more or to request an application, please contact the City's Housing Rehabilitation Hotline at (503) 526-2488.