Los Sueños: The Dreams exists because we believe the dream of homeownership should be an attainable reality for hardworking island residents.
Los Sueños: The Dreams homeowners make an investment to build a better home and future for their families. Through committed partnerships, the initiative of homeowners, and the support of neighbors, the Los Sueños: The Dreams development is about more than houses- it is about community.
Applications are now open. Generally, Los Sueños: The Dreams is open to families and individuals who meet the following minimum requirements:
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1Contact the ALF office in Flowers Bay to get information and to complete your pre-qualification form.
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2Submit references, criminal background check, income verification, and proof of 7+ years of residency.
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3Schedule and conduct home interview with ALF staff members.
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4An anonymous committee, representing various communities in Roatán, reviews applicants on a scaled matrix. Selected applicants complete the remaining steps.
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5Review requirements and review the restrictions of the community with an ALF representative.
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6Begin commitment of 40 hours of sweat equity, showing investment in the project.
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7Complete finance and home ownership classes.
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8Complete the bank mortgage loan application.
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9Pay down payment and sign closing documents.
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10Receive keys to your home and move in!
Thank you for your interest in applying for a Los Sueños: The Dreams home. We are currently accepting new applications. You can speak with a team member to get more information by calling 3144.4948 or by emailing hoa@abundantlifefoundation.org.