CHAP loans provide cash for down payment and closing costs. We work with Oregon-licensed lenders to make home ownership more affordable.
Clackamas County provides two homebuyer assistance programs. Learn more about the North Clackamas Revitalization Area (NCRA).
The CHAP Program can loan up to $14,000 to help qualified first-time homebuyers pay for downpayment and reasonable closing costs. A CHAP loan is a zero-percent interest deferred-payment loan.
Follow these steps to apply for a CHAP loan:
- You (the Buyer) must complete a county-approved eight-hour homebuyer education class. You may take a class through:
- The Buyer must get pre-qualified for first mortgage by an Oregon-licensed lender.
- Let your Lender know that they must contact Community Development for a current CHAP application packet.
- The Buyer shops for an eligible property — finds an affordable house that is in excellent condition.
- Read our property inspection information to learn more.
- Buyer and Seller sign a purchase/sale agreement and these required CHAP forms:
- The Buyer orders and pays for whole house inspection and pest & rot inspection
- The Lender submits a complete application packet to Clackamas County Community Development.
- Allow a minimum of 30 days from submission of a complete application packet to closing
- Our staff will make every effot to conduct the property standards inspection within five business days from receipt of the whole house/pest & rot inspection report and the request for a property standards inspection form.
To be an "Eligible Applicant", the homebuyer must:
- Be a first-time homebuyer. HUD defines a first-time homebuyer as someone who:
- has not owned a home during the past 3 years, or
- is a displaced homemaker, or
- is a single parent.
- Be low-income -- see chart below.
- Demonstrate a financial need for CHAP assistance.
- Be a US citizen, non-citizen national or a qualified alien.
- Complete a homebuyer education program approved by the County.
To be a "Qualified Borrower", the homebuyer must:
- Have sufficient income to qualify for and support the primary debt.
- Be pre-qualified by a primary lender. (Contract sales are not allowed.)
- Have good credit.
- Contribute $1,000 in cash toward the purchase from the buyer's own funds. (Does not include items that the buyer paid out-of-pocket, e.g. inspection and appraisal.)
HUD Income Limits
Effective June 1, 2018
|Number in household||80% of median|
To be an "Eligible Property", the house must:
- Be located in Clackamas County
- Be in excellent condition. (Use this guide to help you learn how to look for problem areas in a house)
- Have a purchase price at or below:
- Effective April 1, 2018
- Meet the definition of affordable, standard single family housing (a single unit)
- Meet property standards and pass an inspection by the County
- Be free of chipped or peeling paint if the house was built before 1978
- Not be occupied by a tenant (unless the buyer is the tenant)
- Full house inspection conducted by an Oregon-licensed inspector
- Pest and dry rot inspection conducted by an Oregon-licensed inspector (can be part of full house inspection)
- CHAP property standards inspection conducted by this office at no charge to the buyer. Allow a minimum of five business days from submission of the CHAP application packet.
The CHAP program is funded by a grant from the federal Department of Housing and Urban Development (HUD). The program is subject to funding availability. Homes purchased through the CHAP program must be the primary residence of the homebuyer. Other program requirements apply.
If you have a question or would like to request more information, please call: 503-655-8591.