Habitat uses three criteria to determine whether or not a family is ready to take part in the homeownership program.
Families often need a home because their current housing isn't viable. It may be overcrowded, too expensive, structurally unsound, or located in a dangerous neighborhood.
Ability to pay.
You must be able to afford a monthly mortgage payment. Gross income from all sources will be reviewed to determine your ability to repay the no-interest loan provided by Habitat.
Willingness to partner.
Habitat homeowners work on their own homes as well as homes for others.
Habitat offers its program to families in specific income ranges, adjusted for the number of persons in your family. Income includes wages, SS, disability, SSI, TANF and child support (if you choose to provide it as an income source). Your total yearly gross income will be reviewed for ability to repay capability during the application process and if chosen, again before closing on your home.