HABITAT HOMEOWNERSHIP
Habitat is not a give-away program. Habitat homeowners are expected to be participants in the entire process. The homes are sold under the terms of no-profit construction and no-interest mortgages. To ensure successful homeownership, each family is assigned a family support partner to assist them. You and your family support partner work as a team to help ensure successful transition to homeownership.
Selection Criteria:
-
NEED: There must be a demonstrated need for housing (e.g. Substandard Housing, Over Crowded Housing, or Overly Expensive Housing).
-
ABILITY TO PAY: Your income must meet the guidelines listed in the chart below.
-
WILLINGNESS TO PARTNER: The Family should be willing to help with the construction of their home, and take advice on financial matters.
Applicants must exhibit a sincere desire for homeownership and be willing to accept the following responsibilities:
-
Disclose financial and personal situations, including all current employment, household income, present household indebtedness, etc.
-
Follow through on CVHFH application requirements
-
Commit to advancing the goals of CVHFH and agree to be part of CVHFH publicly.
-
Accept guidance from the Habitat Family Selection and Support Committee
-
Grant CVHFH first option to buy back the house
ANSWER THE QUESTIONS BELOW
1. Are you a US citizen, or do you have proof of a permanent green card or permanent visa?
YES
NO - Please contact CVHFH once this requirement is met.
2. Have you been steadily employed for at least 9 months?
YES
NO - Homeownership requires a stable income. If you have income from another source you may still qualify.
3. Is your family income from all sources within the current HUD guidelines listed below?
YES
NO - Exceed these guidelines? You may qualify for other housing programs. If your income is less than 38% of the HUD median income, you may not be ready for homeownership.
4. Are you currently renting or living in a home that is not owned by you?
YES
NO- This progam is only for those who are not able to own their own home.
5. Are you presently living in substandard housing or paying more than 33% of your gross monthly income on housing? (e.g. Total Family Income Pre-Tax = $50,000, 50,000*.33 = $16,500)
YES
NO - You still may qualify; however, our primary mission is to eliminate substandard housing, and those with this need may take a higher priority.
6. Are you willing to accept guidance from the Habitat Family Selection and Support Committee in order for you to succeed as a Habitat Homeowner?
YES
NO - Once you are accepted into the Habitat Homeownership program, you will be partnered with a support person to help with budgeting, advice on home repairs adn maintenance in order to help you succeed in homeownership.
If you have answered yes to all the questions, please read the letter attached to the link below.
CVHFH is an equal housing opportunity provider. We do not discriminate on the basis of religion, race or ethnic background.