QUALIFICATIONS

Need – The applicant’s family must be living under inadequate housing conditions. This may include the family being burdened by excessively high rent, over-crowding, structural problems with residence and/or inadequate utilities, etc.

Willingness to Partner – The applicant(s) must be willing to participate in the Habitat Program as a partner in building the family’s home and those of others. 200-300 hours of “Sweat Equity” are required once an applicant has been board approved and must be completed before move-in. 100 of those hours may be completed by friends and family of a single-applicant family. The applicant is required to complete at least 40 hours at the construction site and complete Financial Peace University’s 9-week course.

Residency – The applicant(s) must be legal citizen(s) or permanent residents of the U.S. and must have lived or worked in Carroll or Haralson County for a period of at least 12 months consecutively prior to applying.

Ability to Pay – Ability to qualify for and repay a no to low interest loan. The applicant’s family must have total household income that is between 30 – 60% of the current HUD Median Income Guidelines for the Carroll or Haralson County areas, adjusting for family size. The applicant’s income alone must be sufficient to pay for a Habitat mortgage as well as things such as utilities and a $1000 down payment. Income need not be job-related, but may include disability, Social Security, alimony or child support. 

LOAN APPLICATION PROCESS IS CLOSED

The application process is closed.  If you are interested in receiving email notification when the Habitat Homebuyer program opens up either for Fall 2022 or Spring 2023, please complete the contact form below. 

Following is the income range based on the number people in the household

 # of people12345678
Minimum20,45023,35026,25029,15031,50033,85036,15038,500
Maximum36,24041,40046,56051,72055,86060,00064,14068,280