Kôr Community Land Trust plans new affordable homeownership cluster
BEND, OR — Kôr Community Land Trust, a nonprofit that creates sustainable, affordable homeownership communities for Central Oregon’s workforce, is opening the application process for their second cluster of homes on October 1.
Kôr’s second community of five homes, named Crescita, is located at 2500 NE 8th Street in Bend’s Orchard District.
The homes are 936 s.f., 1-bedroom, 1.5 bath, with a flex space. (office, guest, etc.).
These single-family cottage-style homes will be available for occupancy in late 2022.
They will be sold using the Community Land Trust model of individually owned homes on trust-owned land to households who make between 40% and 120% of the Area Median Income (AMI).
The homes are designed to net-zero energy standards and feature solar panels, an energy-efficient building envelope, LED lighting and energy-efficient mechanicals.
This is Kôr’s second community developed in partnership with Housing Works of Central Oregon.