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BCHA celebrating grand opening

| August 24, 2018 4:19 PM

Local nonprofit Bonner Community Housing Agency is having a grand opening in their new downtown office, 120 S. Second, Suite B,

in Sandpoint until 6 p.m. today.

BCHA is a nonprofit that helps develop local affordable housing while fostering community organization in partnerships, outreach and education. Since 2010 BCHA has been developing housing for living-wage households. Having sold 13 homes in the last four years, the agency is proud to provide opportunities for families to own homes and are currently developing homes for local buyers in Bonner and Boundary counties. The program provides down payment assistance along with closing costs for those that earn less than 80 percent of the area median income in the two counties.

BCHA also provides rental units throughout the region for those in the same income brackets and agency officials said they look forward to assisting area residents in reaching their dream of home ownership.

BCHA offers the Finally Home course once a month on a Saturday, giving residents the tools to be a confident homeowner through its homebuyer education class.

In the classes, participants learn about budgeting, understanding credit, whether they are ready for homeownershi, types of loans available, who will be assisting them through the transaction, the closing process and the costs associated with purchasing.