Service Description:
SHARE (Securing Homes on Affordable Real Estate) Community Land Trust provides high-quality, affordable home
ownership opportunities to low and medium income families in the Upper Valley. When a family decides to resell
their home, Upper Valley MEND ensures the homes are available for local people to purchase at affordable prices.
This permanent affordability means the people who live and work in the Upper Valley can find high-quality housing
they can afford.
Purchasing a home in Aldea Village or Alpine Heights gives you the benefits of traditional homeownership, plus:
Prices you can afford: This means affordable monthly housing payments. Homes bought through Upper Valley MEND cost
roughly $170,000 – $190,000, less than half of the average home price in the Upper Wenatchee Valley. Many of our
homeowners mortgage payments are similar to what they paid in rent before they purchased their homes.
Homebuyer preparation: There are many steps to get ready to purchase a home, including understanding the process, getting
your credit in order, preparing documents, finding a mortgage lender, and finding your dream home. Upper Valley MEND is a
trusted support in this process, helping you get ready for one of the biggest purchases you’ll make.
Down payment assistance: Homeowners who haven’t been able to save a large chunk of money for a down payment may be
eligible for a low-interest down payment assistance loan through Upper Valley MEND. (Credit restrictions apply.)
Minimum Eligibility:
Available to individuals who have lived and/or worked in the Cascade School District (Leavenworth, Peshastin,
Dryden, Lake Wenatchee, Plain, Stevens Pass, Blewett Pass, Chumstick Highway) for one year or more and meet
certain criteria.
Yes Questions:
If customers answer “yes” to any of the following questions, they may possibly be a good fit for our services:
- Have you lived and/or worked in the Cascade School District for at least 1 year?
- Will this home be your only home?
- Do you earn less than 80% of area median income?