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132nd Cottage Homes Project Announcement

132nd Cottage Homes Project Announcement

Plans Underway for 32 Cottage Homes for Future Homeowners in Clark County

We are thrilled to announce the news of our largest community home build project that is upcoming, 132nd Cottage Homes. Located in Vancouver, the future cottage cluster subdivision will be home to 32 future homeowners.

The two-story cottage clusters are thoughtfully designed with gathering spaces and green areas demonstrated in the site plans. This project is inspired by our commitment to fostering communities and addressing the pressing need for affordable housing in Clark County. There are currently two floor plan styles in the works, both featuring two bedrooms, 1.5 bathroom, full kitchen, living space, stacked washer and dryer, and patio space. The approximate size between these two styles is 980 sq ft to 1,070 sq ft. Final floor plans will be shared as the project progresses.

“This project not only means creating 32 more homeownership opportunities for families in Clark County, but it represents significant growth of Evergreen Habitat which leads to a greater impact in our community.We’re so proud to say that this is the largest home building project in our history, and we are not stopping there. We continue to explore innovative ways to better serve more people in our community.” says Josh Townsley, CEO.

The 32 cottage-style homes will be part of Habitat’s Home Trust program. As part of this commitment, the Habitat Home Trust program ensures the preservation of affordable homeownership by focusing on permanent affordability. All the houses within the Home Trust program will only be resold to another qualifying homebuyer, safeguarding the homes from inflating housing costs. These cottage homes fall under this program with the mortgage determined based on affordability based on the applicant's income. This program guarantees if the homeowner decides to sell in the future, the home will always be sold to another qualifying homebuyer.

In a time when housing costs are rising and homeownership feels unattainable, Habitat’s Home Trust program offers a solution to support opportunities in Clark County. Even though these mortgage loans are interest bearing, they are still created to be affordable for qualifying homebuyers with the interest rate taken into consideration.

This project infrastructure will begin late Fall and through Winter, with the home builds to begin in the Spring 2025. Our goal is for the first few homebuyers to move in by the end of 2025.

We are deeply grateful for the generous support from the Ed and Dollie Lynch Fund at the Community Foundation for Southwest Washington, which is instrumental in supporting us to expand our community outreach through this project. Like many of our home building projects, it is the support of volunteers, community partners, and donors that come forth to help us make this stride. Community partners who share our vision like the Cowlitz Tribal Foundation, whose gift helps support the infrastructure of the development, make an impact on the strides in our work. In addition to sourcing other grants and loans to fund the $8.5 Million project, one of our resources is our Clark County Habitat Store which is located in Vancouver as well as individual donations. Our biggest fundraising event of the year is coming up, Raising the Roof Benefit Breakfast in September, where we invite our community to come together on the shared mission of affordable housing in Clark County.