Affordable New Homes in South Salem

Why DevNW Homes Are Different

Buying a market-rate starter home in this Salem often means paying $400,000 or more, and earning close to $100,000 a year to qualify.With a DevNW home:

• Homes typically range from $270,000–$315,000
• Many households earning $62,000–$80,000 can qualify*
• Downpayment assistance is often available, helping reduce your mortgage or closing costs
• Homes are sold through a Community Land Trust (CLT) model, which significantly lowers the purchase price
• Build equity faster with a 20-year mortgage, a subsidized interest rate, and monthly payments comparable to longer-term loans
• One-on-one support from a HUD-certified homeownership counselor to help you prepare for this major purchase

*Households must be at or under 80% of area median income to qualify.

Lower Monthly Costs, Built In

DevNW homes are built for long-term affordability—not just a lower purchase price.

• High-quality new construction
• Extra insulation and ductless heat pumps
• Energy-efficient interior and exterior design and appliances to help keep utility bills low

These are homes designed for comfort, durability, and stability.

Ready to Explore Affordable Homeownership?

Fill out our interest form to learn more and be contacted about next steps and meeting with a homeownership counselor. Contact or Lily Barron at 541-346-7106 x2078 with specific questions.

Submitting the form does not commit you or impact your credit.