Building Partners for Affordable Housing (BPFAH), a 501(c)(3), is announcing a new affordable housing subdivision project called Southern Pines. BPFAH are asking interested builders to apply to build in the subdivision by participating in the Statement of Qualifications (SOQ) process that opened this week. Any interested builders must apply by the March 9, 2012 deadline. Minority contractors and potential homeowners are encouraged to apply.
Building Partners for Affordable Housing Executive Director Tim Knopp stated, “The homes will not only be affordable to purchase but will be affordable to live in as well. The program is made possible through a partnership with local small businesses, the State of Oregon and the Affordable Housing Fund through the City of Bend. There are currently a total of 10 lots in the subdivision and our goal is to provide quality built affordable homes while creating jobs in Deschutes County.”
“Income guidelines would allow a family of four making under $65,000 a year to qualify for a new home in Southern Pines. The homes also come with up to $20,000 in down payment assistance as well. A family could get into home ownership with a monthly payment well under $1,000 depending on the size of the home,” said Tim Knopp.
Each home will be Earth Advantage certified plus they can be custom designed for potential homeowners with accessibility issues.
In the last two years BPFAH has developed seven homes that have been sold to deserving families. BPFAH have three more homes in the planning stage or under construction in the Shady Pines subdivision just to the South of the new subdivision. Homes are available right now and those who are interested should contact BPFAH because there’s a 60 day supply on the market today of affordable homes in this price range.
“People are working today in Deschutes County’s private sector workforce because of this program and we’re filling a need for affordable housing which is a win-win. In fact hundreds of people have worked on the current project,” said Knopp.
Those interested in building in the new subdivision or buying a home may email Tim Knopp for details at timk@coba.org. The project has been posted on COBA CX and the SOQ is available online for members and subscribers. Interested parties may also stop by COBA CX and access the project details and plans in COBA’s state of the art plan and bid room located at their new office, 1051 NE 4th Street in Bend.
