A Homebuyer Assistance Program was developed to provide homeownership opportunities for low- to moderate-income, first-time homebuyers, making ownership of existing single-family housing in Richland more affordable by:
- Assisting in the preservation of the city’s older neighborhoods
- Reducing monthly mortgage payments
- Reducing the cash needed to purchase a home
The City also offers a deferred, no interest housing rehabilitation programs for low and moderate income homeowners. The programs are designed to assist existing homeowners with much needed repairs to their homes to correct health and safety issues or improve the livability of their home by providing weatherization upgrades. See the Single-Family Homeowner Rehabilitation further details.
- Down Payment Assistance
- Good Neighbor Next Door Program
- Single-Family Homeowner Rehabilitation Program
Be prepared. It is important that you understand what to expect when buying your first home. Educate yourself, avoid common pitfalls and reduce the risk of falling victim to predatory lending practices.
The following resources will assist you in making sound financial decisions:
- U.S. Department of Housing and Urban Development
- Washington Homeownership Center
- Washington State Department of Financial Institutions
Contact Michelle Burden at (509) 942-7580 for questions and concerns.