Shortstack Milwaukie Buyer Information
Don’t give up hope
for a home
A $500 downpayment gets you a Shortstack Milwaukie house in as little as four months.
You could own a stylish and permanently affordable 2 bedroom, 1.5 bath home in Milwaukie for $250,000 or $2,063/mo*
Fully Detached House
•
$500 Down
•
New Construction
•
Energy Score 10/10
•
ITIN Welcome
•
Fully Detached House • $500 Down • New Construction • Energy Score 10/10 • ITIN Welcome •
How it works
Apply today
Qualified buyers can start the process today and register for Proud Ground’s counseling.
In just four months you’ll be a homeowner.
Information session
Attend an info session and reserve a unit by August 1, 2026, to receive a $2,000 closing cost credit.
All closing costs are rolled into your mortgage loan which means you only need $500 for a down payment to get your house keys.
Meet your counselor
Over the next few weeks Proud Ground will walk you through
Homebuyer education
Income and eligibility verification
Broker and lender selection
Lease review
Closing (For Sale >> SOLD)
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1
3
A permanently affordable home in the sought-after Ardenwald neighborhood—just minutes from downtown Milwaukie.
Modern two-story, detached homes feature 2 bedrooms, 1.5 bathrooms, and 960 square feet of smart living space.
Thoughtfully designed interiors include luxury vinyl plank flooring, solid-surface countertops, energy-efficient appliances, an in-unit washer and dryer, modern fixtures, and abundant natural light throughout.
Ardenwald
These homes offer the perfect blend of comfort, convenience, and long-term affordability.
Walkable transit
MAX Orange Line
TriMet bus routes 75, 33, 34
Well-connected community
Top-rated schools
Water Tower Park
Elk Rock Island Nature Preserve
Everyday essentials
Downtown Milwaukie
Safeway
New Seasons
Local shops & cafes
About Shortstack Milwaukie
Income Qualifications
Excellent opportunity for first time homebuyers and other income-qualified buyers. Max household income limits are based on size of household. This is a strict guideline and no exceptions to maximum income limits can be made.
Please review the table to see if you qualify.
1 Person
2 People
3 People
4 People
5 People
6 People
7 People
8 People
$71,000
$82,150
$92,400
$102,650
$110,900
$119,100
$127,300
$135,500
Household Size 18+
Max Household Income
Fully Detached House
•
$500 Down
•
New Construction
•
Energy Score 10/10
•
ITIN Welcome
•
Fully Detached House • $500 Down • New Construction • Energy Score 10/10 • ITIN Welcome •
Proud Ground calculates your income by reviewing recent pay information and accounting for any expected raises or additional income that might occur during the first year you own your home. Once you have purchased your home, no additional income certification is required.
Household income includes gross annual income (before taxes), commissions, overtime, bonuses, child support, alimony, pensions, benefits, and income from anyone 18 or older living in the home, even if they’re not on the loan.
Compatible with OHCS Flex Lending, NeighborhoodLIFT, and other DPA programs. Buyers with ITIN numbers are welcome.
*Payment amount assumes 5.875% interest on a 30-year, fixed-rate loan of $249,500 with a $500 down payment. Indicated payment includes property taxes, insurance, service fee & HOA fees. You must be an income-qualified homebuyer. Owner-occupancy, resale, and other restrictions apply. Final monthly payment and down-payment amount will be determined by the lender based on current interest rates.