Ways to Donate into the program

• Purchase a home and donate it to MHT for resale, with community equity retained.

• Sell your home on the open market, with a portion of the proceeds donated to MHT to be held as community equity - demonstrated below.

• Add MHT as the beneficiary of your home in your will.
  

participating in the program:

How does the donation work?

Let’s take an example:

Home with a Fair Market Value of $600,000.

The home’s owner would like to ensure their home contributes to the local housing stock and is affordable for the ‘Missing Middle.’

They would like to place a housing easement on their home.
The home is priced at $400k, in exchange for the legal assurance that it will be lived in full-time, not used as a nightly rental, nor rented for a profit.

The difference between Fair Market Value (FMV) and the sale price is a tax-deductible donation to the Methow Housing Trust. MHT retains this equity stake in the home.

This donation and MHT holding ‘Community Retained Equity’ ensures:

• The price reduction benefits the community at large, rather than a one-time discount to be realized on the next sale.

• MHT can reliably enforce occupancy and use restrictions

• MHT retains the right of first opportunity to purchase the home at FMV, retain the community equity, and sell to another full-time resident, carrying forward the housing conservation intent.