Need for Housing
You will be considered for a Habitat home if your present housing is not adequate, and if you are unable to obtain adequate housing through other conventional means.
Lack of adequate housing may include problems with the present structure; water, electrical or sewage service systems; heating system, hazardous substances, or failure to meet city property maintenance standards. You may also meet the need for housing qualification if you are living in an overcrowded or unaffordable situation. If you are living in subsidized or transitional housing, such as Section 8, you may qualify.
Ability to Pay
As you will be buying your house from Habitat, you must demonstrate an ability to pay the monthly mortgage payment on your home. This monthly payment includes mortgage, real estate taxes, and insurance payments. We will help you to determine if this payment will jeopardize your ability to meet all your other family financial obligations and expenses.
Your income should fall within 25% to 80% of the county’s median income for you family size (see chart). Additionally, you must have at least one year of stable income coming into your household. We can include non-work related income such as food stamps, child support, TANF, Social Security, etc. as stable income if you can guarantee you will receive that income for the next three years.