An affordable home for you and your family!

Way Finders is building brand-new homes in Springfield and offering them for sale at an affordable price to income-qualified first-time homebuyers. Learn more about the properties for sale in our City of Homes program right here on this page.

Our City of Homes program has one ultimate goal: create and sell affordable homes to first-time homebuyers. Each home we build is offered at a below-market price – just $210,000 – to ensure it is affordable to our buyers. When a first-time buyer closes on one of our City of Homes properties, they will not only have a clean, efficient, low-maintenance home, but a pathway to create generational wealth for their family.

Applications available NOW for 524 Union Street. DEADLINE: 9/25/26, 4:30 PM
Download the 524 Union St. flyer to print and share Click to apply now at the City of Springfield web site

Check out the clean and bright interior of this brand-new home

Click on the images below to view larger.

The properties

All newly constructed homes in this program have the same design and layout:

  • All new and move-in ready
  • Energy efficient heat and AC
  • 3 bedrooms, 2 bathrooms
  • Master bedroom with walk-in closet
  • Approx. 1,400 square feet
  • New refrigerator, dishwasher and range included
  • Low maintenance inside and out
How Does the Process Work?

Way Finders is partnering with the City of Springfield, which is funding this project. The City will run a lottery to decide who gets the opportunity to purchase these homes.

To enter the lottery, you must meet all four of the following requirements:

  • Be a first-time homebuyer.
    This means you have never owned a home, or you have not owned a home in the past three years.
  • Complete the Way Finders first-time homebuyer class.
    You must have completed the class to become a HUD-certified first-time homebuyer within the last 2 years.
  • Meet the income requirements.
    Depending on the property, your household income must be at or below 80% or 100% of the Area Median Income for Springfield. Specific details can be found on the lottery application form.
  • Have a pre-approval letter from a bank, credit union or other traditional mortgage lender.
    The lender must be acceptable to the City of Springfield for an amount that is equal or greater than $210,000. Note: a pre-qualification letter does not meet this requirement. 
What Happens After You Apply?

Everyone who qualifies and enters the lottery will receive a place on the waiting list.

  • The first family on the list will have the first choice of the two homes.
  • The second family will have the opportunity to purchase the remaining home.
  • If either family decides not to move forward, the next eligible applicant on the list will be offered the opportunity to purchase.

This process will continue until both homes are assigned and sold.

How much does it cost?

Just $210,000!

Want to tour a house?

Keep your eyes peeled for an Open House at 524 Union Street later this summer!

Important to Know
  • Entering the lottery does not guarantee that you will be offered a home.
  • All lottery applicants must obtain a pre-approval letter from a bank, credit union or other traditional mortgage lender that is acceptable to the City of Springfield for an amount that is equal or greater than $210,000. Pre-approvals require verification of applicant’s credit and financial information. NOTE: pre-qualification letters, a much lesser designation, will not be accepted. A combination of mortgage pre-approval and sufficient evidence of other funds (savings, gift) amounting to at least $210,000 may be acceptable.
  • All decisions made by the City of Springfield and any financial institution are final.

Applications available NOW for 524 Union Street. DEADLINE: 9/25/26, 4:30 PM

The lottery drawing for the Highland and Terrence Street homes is Tuesday August 4, 10:30 AM at 18 Highland St. You do not need to be present, but you are welcome to attend.

Click to apply now at the City of Springfield web site