Habitat for Humanity sells homes to partner families with a no interest mortgage. In figuring affordability, affiliates use the guideline that no more than 33% of a family’s monthly income should be spent on housing. (This is the percentage recommended by the Department of Housing and Urban Development and includes mortgage payment, taxes and insurance.) The length of the Habitat mortgage is generally 20-30 years, depending on a family’s income and/or other circumstances.
We accept applications from potential partner families on a continual basis but only review applications after completion of our current build.
Criteria for Family Selection
Habitat for Humanity does not provide rental assistance, rental units, or quick housing fixes. Our Partner Families are required to contribute to the construction process, participate in homebuyer education, and be financially ready to purchase a home and make regular payments towards the home.
1. Need a) You will be considered for Habitat homes 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 sewer systems, heating system, or failure to meet city property maintenance standards. Also taken into consideration are the number, the ages, and the sex of children compared to the number of bedrooms in your present home.
b) The percentage of your monthly income that you currently spend on housing is considered to determine need. You will be required to openly and fully discuss your financial situation with a Habitat interviewer. Any personal information Red River Valley Habitat for Humanity receives from you will be kept confidential and secured.
c) You and your family will be considered if your total income is within the Department of Housing and Urban Development's poverty guidelines and not over 175% of federal poverty guidelines. The chart below is for 2021.
If your income is within this range, you may be considered to become a Habitat partner family. Download our application below and submit for consideration.
2. Ability to Pay Since you will be actually buying your home from Habitat, you must demonstrate your ability to pay the monthly mortgage payment. This payment will include not only the mortgage payment, but also the payment for real estate taxes and insurance. We will help you to determine if this payment will jeopardize your ability to meet all of your other family financial obligations and expenses. We can also help you if you need to develop a budget to determine your eligibility. You are also required to provide copies of your federal income tax forms for the past three years.
3. Willingness to participate as a partner with Habitat As a partner family, you must complete a total of 250 hours of "sweat equity" per adult in the household before moving into your new home. Sweat equity is an exciting learning experience in which Partner Families work with family, neighbors, and friends to build other Partner Families’ homes as well as their own. Working alongside volunteers and future neighbors to build their home and community is one of the most rewarding aspects of Habitat for Humanity for Partner Families. Besides working on the construction site, there are many other ways to complete sweat equity hours such as clearing the lot, painting, helping with construction, providing food for volunteers, working in the Habitat office or other approved activities.
RETURN APPLICATION TO:
firstname.lastname@example.org OR PO Box 5415 Grand Forks, ND 58206