October 2023 Update

The Big Idea: Houses for sale!

We’ve got some houses for sale!

We had an outstanding open house last weekend, in order to introduce the local realtors and the neighbors to the new homes that we’ve got listed for sale.  We’re very excited to finally test the market and see what the demand is like.  Naturally, we’re very optimistic that the presale market will be strong and our sales pipeline will help connect the right buyers to this new neighborhood. 

Several houses are under construction

We’re thrilled that our construction pipeline is now an active reality, and our ‘two starts a month’ approach is easy to see on the ground!  Our construction team is doing a fantastic job of delivering these homes on time and on budget.

Interest Reserve Account

The interest reserve is currently decreasing at a faster pace than originally projected due to a slightly slower pace in the projected home starts.  With that said, it is still showing that the reserve should carry the project up to the March 2024 payment.  We will closely monitor the reserve as we get closer to this date to weigh the benefits of homes sales and their impact of operational cash flow.

The status of our loans

Check out our website

This is a great place to see our 7 beautiful home designs, learn a little bit about Ferndale Washington, and meet our partners!

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Need some activity inspiration as we push through the last part of winter?! ☔❄️ We created a list of fantastic outdoor activities (if you don’t mind a little rain!) and a handful of super fun indoor options in Ferndale, WA! Here’s a gu
Are you ready to unlock the door to your future home? This remarkable home in Ferndale, WA offers: 🏡A comfortable living space of 1,964 SqFt featuring 4 beds and 2.5 baths. 🫶A primary bedroom with a walk-in closet on the main floor plus a bonus
When you buy a 🏡 at Church Hill Ranch, we want you to be confident knowing your home is protected. At purchase, each homeowner is given a 12-month warranty to guarantee that the home functions and was built to our standards. After 12 months, each
Who doesn’t love any easy way to get home after a busy day?! 🚗🛣️ Getting to Church Hill Ranch from I-5 is simple. Our neighborhood is easily accessible from exits 262 and 263. If you take exit 262, you will navigate through the downtown area