Homeownership Center Northwest / Affordable Homeownership Redefined

 

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Who We Are

Serving the community for more than a quarter century Homeownership Center Northwest is a thriving community based 501(c)3 non-profit corporation. Founded in 1993, the mission is to combat the growing issues facing our neighborhoods by investing in residents who live there; “Community Ownership through Homeownership”. Our team renovates and restores many previously forgotten properties to bring them into the affordable housing market. Nearly 30 years later, our efforts and staff have diversified tremendously. Just as we believed from the beginning, we recognize the importance of investing in homeownership to foster community stability, facilitate individual success, and foster opportunity for all citizens of this community to generate lasting wealth. With our eyes and minds on the modern housing crisis, our staff works every day to expand and maintain access to affordable housing at a time when the community needs it the most. We are the Homeownership Center.

208 – Families Served
5 – Number of staff
17- Volunteers
7 – Awards won

What We Do

As a culturally competent nonprofit, Homeownership Center assists an evolving population with diverse demographics while recognizing and honoring cultural differences in an inclusive environment. We provide support to our clients in navigating the complicated world of purchasing their first home. HCNW is in the unique position of providing a bridge that advocates on clients’ behalf, satisfying current mortgage lending practices while demonstrating responsible leverage of government and private funding. This private and public relationship helps maintain affordability for populations that have been traditionally underserved.

Mission Statement

HCNW redefines homeownership throughout Tacoma’s targeted neighborhoods by constructing new and renovated affordable homes; simultaneously assisting low-income first-time homeowners become eligible with sustainable mortgages to purchase these homes.

The Homeownership Center is now in its twenty sixth year. A thriving community-based 501(c)3 nonprofit corporation whose mission is to foster neighborhood revitalization through homeownership; provide financial literacy classes; offer training opportunities for the construction trades; save vintage homes throughout Tacoma, creating affordable housing opportunities.  We strive to be a culturally competent nonprofit being responsive to the needs of our community, an evolving population with diverse demographics that recognizes and honors cultural differences and fosters an environment that is inclusive. Making sure that all people are supported, protected, and provided tools to pursue their own aspirations, achieve a quality of life of their choosing, and can fully participate in the community without barriers to pursue their aspirations to achieve homeownership.

HCT builds quality new single family and multi-family homes, refurbishes and restores existing homes, and makes homeownership affordable by providing a no-interest, no-payment second mortgage that ensures monthly payments are tailored to the household’s income instead of the purchase price of the home. HCNW/HCT offers this unique financing program throughout Pierce County, for homes that we have constructed or refurbished, to modest-income home buyers that have not owned a home during the past three years. Education remains a focus of HCNW. We offer free ongoing financial literacy classes, home buyer education classes and seminars; work closely with community volunteers that participate in all aspects of our organization, to train, mentor and support education programs, learning opportunities and create partnerships.

2020 brings new programs and partnerships…..including “Preservation Tacoma”, HCNW Volunteer Initiative, the “Evergreen Program” to name a few.  Original architectural plans have been created for new home designs, exclusive to HCNW that will redefine what Affordable Homeownership looks like today.   New unique single family, duplex and triplex units, offer handicap accessible, loft style and multiuse/extended family and caretaker floorplans that broaden our ability to better serve the community needs.

 

Community


In addition to offering free ongoing home buyer education classes and seminars to the general public, we work closely with community volunteers and businesses that participate in many aspects of our organization, to train, mentor and support learning opportunities and partnerships. if you would like to contact us please use the contact form below and we’ll get back in touch as soon possible.

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