Looking to own a home?
Need For Housing
Applicants must meet specific requirements to be considered:
- Need for affordable housing. Current housing conditions are substandard, overcrowded, unsafe, or too expensive in relation to monthly household income. Applicants cannot currently own property.
- Ability to repay a monthly mortgage. Must demonstrate a history of reliable income.
- Willingness to partner. Homeowners must complete 200-300 “sweat equity” hours of volunteer service, work in the construction of their home, as well as other family’s homes, and participate in required workshops and educational classes.
Ability to Pay for a Habitat Home
- Debt to income ratio – The household debt payment should not prohibit them from meeting normal cost of living expenses.
- Applicant has demonstrated an ability to make regular monthly payments for rent, utilities, and other credit obligations.
- Total household income is within the guidelines.