Shortstack Milwaukie Buyer Information
Your hope
for a home
In as little as three months you could own your own home at Shortstack Milwaukie.
A stylish and permanently affordable 2 bedroom, 1.5 bath home in Milwaukie, Oregon for $250,000.
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
1
intake form
Fill out Proud Ground’s intake form and indicate your interest in Shortstack Milwaukie.
2
Information session
Attend Proud Ground’s info session, now available online.
3
Meet your counselor
Over the next few weeks Proud Ground will guide you through the entire home buying process.
What it costs
Costs associated with closing and financing will vary by lender. You should ask your broker about these fees.* We want you to feel prepared!
$250,000
Cost of Home
$500
Down Payment
$2,000
Closing Cost Credit
†This includes your mortgage*, property taxes, insurance, service fee & HOA fees
$2,063
Estimated All-In Monthly Payment†
Who Qualifies
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
Max Household Income
$110,900
$119,100
$127,300
$135,500
Household Size of Adults
The Department of Housing and Urban Development (HUD) sets income limits that determine eligibility for assisted housing programs. HUD develops income limits based on Median Family Income estimates and Fair Market Rent area definitions for each metropolitan area, parts of some metropolitan areas, and each nonmetropolitan county.
About Shortstack Milwaukie
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
Harvey Street Improvements
The city of Milwaukie is currently building a continuous sidewalk along the north side of Harvey Street between 32nd Avenue and 42nd Avenue that is accessible for all users and compliant with the Americans with Disabilities Act. Construction is expected to take place from January 2026 - Summer 2026.
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 •
Cross the threshold of homeownership
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.