Homeport lease-purchase homes are single-family rental homes that can eventually be purchased by the tenant. The unique financing of Homeport's lease-purchase program provides a great opportunity to gradually move towards homeownership.
Renters can accumulate a $1,000 annual credit toward the purchase price of their home, which they have the option of buying once the home is 15 years old. Homeport assists renters through the home buying process and provides down payment assistance, mortgage financing assistance, and homebuyer education courses.
Lease-purchase homes also feature the same access to services, counseling, and education as our multifamily communities.