The Hope 4 Home program provides low- and moderate-income Beaverton homeowners with low- to no-interest loans of up to $20,000 to rehabilitate their homes. Staff from Unlimited Choices will help you determine what work needs to be done, write up your project, and secure bids from at least three qualified contractors. You get to choose who will work on your home.
As a 501(c)(3) charitable non-profit organization Hope 4 Home operates within the building industry across the United States, uniting builders and their trade partners subcontractors, suppliers, and consultants to build Hope 4 Home (a benefit home) on a largely pro bono basis. The home generates revenue to help eradicate poverty in developing countries worldwide. H4H works within the geographic regions of local homebuilding associations to involve association members and other members of the building community in the H4H mission.
When the subprime mortgage crisis reached its peak in the fall of 2008, the federal government took steps to help stabilize the American housing market. The Emergency Economic Stabilization Act of 2008 was signed into law on October 3, 2008. Part of that new law includes a requirement to help qualified homeowners avoid foreclosure through federal loan guarantees and credit enhancements. Hope 4 Home will be there for you.
More than a million homeowners have been helped by MHA programs. Homeowners in MHA modifications (HAMP) are typically saving more than $500 each month. And now, there are new opportunities for help. If you’re having a tough time making your monthly mortgage payments
Since Hope 4 Home start in 1998, over 70 homes have been built, generating over $10 million in revenue and leading to tens of thousands of loans issued by Hope 4 Home or like-minded organizations to enable families to break the cycle of poverty. In recognition of its tremendous growth, Homes for Hope was incorporated as a distinct 501(c)(3) nonprofit organization in 2007.