Own A Home
Habitat for Humanity partners with families who are willing to take on the responsibilities and challenges of owning a home, but who would not otherwise qualify for a traditional mortgage. HFHOGN screens families very carefully to ensure they can afford to pay for and maintain a Habitat home. Families are assigned a Family Partner to help guide and prepare them for home ownership. In addition, families attend training sessions on home maintenance, budgeting and other Habitat housing related programs.
The main criteria evaluated by the Family Selection committee are:
- Your current accommodations are unsafe, unhealthy or contain barriers for physically challenged family members.
- You are experiencing overcrowding – insufficient number of bedrooms for the number of family members.
- You have excessive housing costs – more than 30% of household income is currently being spent on housing.
ABILITY TO PAY
- You maintain a steady source of income.
- You must meet minimum income requirements, based on family size.
- You have a good credit rating and minimal debt ratio – bankruptcy must have been discharged for at least 2 years.
WILLINGNESS TO PARTNER
- You are willing to commit to “Sweat Equity” – 500 hours helping to build your home, houses for other Habitat homeowners and contribute to other Habitat programs and events.
- You are willing to learn and accept all the responsibilities of homeownership including insurance, taxes, utilities, maintenance, and other common homeowner expenses and maintain your Habitat home.
- You must be a Canadian Citizen or Landed Immigrant.
- None of the applicants in your family have been in a state of bankruptcy during the last 2 years.
- All applicants are willing to submit to credit checks.