Habit for Humanity of Green County









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HOME OWNERSHIP

Is Home Ownership In Your Future? Come Partner With US


In order for families to qualify for a home they must meet the following criteria:


1. NEED


The family’s income must be below 80% of the county’s median income. The dollar amount varies based upon the size of the family.

2. ABILITY TO PAY THE MORTGAGE


Past payment history is assessed to determine the likelihood that the family will meet monthly mortgage payment of principle and escrow (taxes and insurance). Complete credit report required with application.

Families must demonstrate their ability to pay the monthly payments, taxes and insurance without jeopardizing their ability to meet all other family financial obligations and living expenses. Generally this will mean that a family must have a monthly income equal to at least four times the anticipated monthly mortgage payment. Applicants must be able to demonstrate stable income and a history of financial responsibility. Credit references will be requested and verified.

Applicants must understand that an in-depth investigation will be conducted by the selection committee to determine actual need and ability to pay for the Habitat home. The investigation will include personal visits and interviews by committee members and reference and credit checks.

3. WILLING TO PARTNER


When selected, a family becomes a partner in the Habitat program. Families assist in the construction of their own home and other homes. A total of 250 "sweat equity" hours per adult is required.

Applicants must show visible evidence of their potential to keep a house clean and in good repair by their concern for proper maintenance of their present living quarters.

Applicants must express willingness to participate in the personal development programs selected (budget counseling, home maintenance, etc.).

4. HAS LIVED OR WORKED IN GREEN COUNTY FOR AT LEAST A YEAR


Please note that applications can only be accepted when a Habitat affiliate has selected a build site and has initiated a formal request for applications.
Download the Application Form