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Commissioners amend ARPA grant to raise income limit for Sisters Habitat homes from 60% to 80% AMI
Summary
Deschutes County commissioners approved an amendment to a 2021 ARPA grant to Sisters Habitat for Humanity, allowing the organization to target homeownership to households up to 80% of area median income after lenders and underwriting rules left many 60% applicants unable to qualify.
Deschutes County commissioners voted July 23 to amend an ARPA-funded grant that supported an affordable housing project in Sisters, increasing the maximum qualifying income from 60% of area median income (AMI) to 80% AMI.
"Sisters Habitat is requesting an amendment to our grant agreement to increase the rate on this project from a 60% AMI to 80% AMI, which would be eligible under the ARPA guidelines," Laura Skundrick, a county management analyst, told the board. The board approved the amendment unanimously.
Why it matters: County staff said the change responds to market and lending conditions that have kept many lower-income applicants from securing mortgages, even when they met AMI thresholds. Increasing the AMI ceiling broadens the pool of buyers who can qualify for the program’s financing tools.
What county staff and Habitat said - Background: The county awarded ARPA funds in 2021 to Sisters Habitat for Humanity to support construction of…
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