Habitat for Humanity of Monroe County provides qualifying households the opportunity to purchase a home through an affordable mortgage. This year’s homeownership application window will be open from September 18 through September 29 and we encourage everyone to apply.
Habitat for Humanity of Monroe County uses Area Median Income (AMI) to determine income eligibility for our Homeownership Program. AMI is calculated based on the median income of a specific geographical area, such as a city or county. To qualify, households must earn between at least 35-80% of the AMI based on the family’s size and include all sources of income.
Habitat for Humanity aims to provide affordable and sustainable housing solutions to low-income families. By using AMI, Habitat guarantees homes are priced appropriately for participants in our Homeownership Program. The income guidelines help determine affordable mortgage payments, taking into account the financial capacity of the homeowners. Please note that most Habitat homes in the Bloomington area are affordable to households earning 35% or higher of the area median income.
It’s important for potential Habitat for Humanity homebuyers to be aware of these income requirements, start the application process for assistance programs early, gather necessary documentation in advance, and acknowledge the relevance of AMI in assessing program eligibility.
Together, we can work toward achieving your dream of owning a home. We strongly encourage you to reach out to us with any questions you may have. For questions, contact Martha, Homeowner Services Director, at hs@monroecountyhabitat.org or call 812-331-4069.
More Information About Our Homeownership Program // Qualified applications are reviewed by our Homeowner Selection Committee and loan applications are underwritten to ensure successful homeownership. Habitat homes are sold with an affordable mortgage. This affordable payment creates financial stability, allowing homeowners to invest in their families and future.
Habitat for Humanity of Monroe County accepts applicants, volunteers, and supporters from all backgrounds for we wholeheartedly support self-expression and equity.
Our application window will be open from September 18 through September 29, 2023 and you must attend a Homeowner Information Meeting to be considered for and to receive an application. Meeting dates are:
Again, this one-hour meeting is a basic requirement for being accepted into the program and is offered in both English and Spanish. All meetings are held at Monroe County Public Library Auditorium at 303 East Kirkwood Avenue in Bloomington.
To determine if you qualify officially, you’ll need to complete and submit the official application within the open application window. Some questions to consider:
If you would like more details on criteria and eligibility, please view the guidelines here, give us a call at 812-331-4069 or email Martha at hs@monroecoutnyhabitat.org. You can download our Homeownership Program flyer here.