Pelayo family gets a no-interest loan with no down payment required
Dulce Pelayo, 25, with her husband, William Pelayo, 27, and the couple’s two children, Annalee, 8, and Cristian, 4, will be moving into a new home this spring.
Growing up, Dulce Pelayo tried to stay away from home as much as possible.
She signed up for after-school sports, and she worked long hours. She never invited friends over, and when she was 16, she moved out.
She was pregnant and ended up at Grandma’s House, a nonprofit that provides shelter to young pregnant woman who have been abused or who are homeless, in Bend.
Now 25 years old, Pelayo is a mother of two. She’s a student at Central Oregon Community College. This month she will celebrate her seventh wedding anniversary with her husband, her children’s father. And there is something else Pelayo will be celebrating for a while: This spring she will move with her family into a brand-new home. They currently live in an apartment in Bend.
Pelayo and her family were selected by the nonprofit First Story, of Oregon, Washington and Idaho, formerly the Hayden Giving Fund, as recipients of a new home in Bend that came with no down payment necessary and an interest-free, 30-year loan.
Pelayo said she didn’t dream her family could own a home.
Read the rest of this entry »