Home Ownership Program

Habitat for Humanity of the San Juans provides the opportunity for low-income families to partner with us to become homeowners. Through our Home Ownership Program, we sell homes to qualified families 0-3% interest rate, a $500 down payment, and a set monthly mortgage payment that does not exceed 30% of your gross monthly income. From the time a family applies to when they can move into their home, the process takes anywhere from nine months to one year for new construction.

At Habitat for Humanity of the San Juans, we know that homeownership plays a critical role in breaking the cycle of poverty. We have built over 50 homes in the region since 1991, helping families achieve the dream of homeownership.

If you are interested in our home ownership program, please contact us at (970) 252-9303.

Building More Than Houses

Education

  • Children raised in a Habitat home are twice as likely to go to college.

  • Habitat homeowners are more likely to seek out additional educational opportunities.
  • Habitat homeowners are more likely to read often and be very involved in their children’s education.
  • More than 90% of children raised in a Habitat home anticipate going to college.

Stability

  • Habitat homeowners are more likely to feel safe in their home and their neighborhood.
  • Habitat homeowners feel that they have job security and like their jobs.
  • More than 80% of Habitat homeowners feel confident in managing their finances.

Health & Lifestyle

  • Habitat homeowners are more likely to practice healthy diet habits.
  • Families are more likely to celebrate special occasions in their home.
  • Parents feel that their home is large enough for their family.

*The national databases used for comparison in this study include: American Community Survey, US Census Bureau, 2008 – 2012; Current Population Survey, US Census Bureau, 2008 – 2010; Survey of Income and Program Participation, US Census Bureau, 2008 Panel Survey; Fast Response School Survey, National Center of Educational Statistics, 2009 – 2010

How To Qualify: The Basic Requirements

A few basic requirements

You must:

  • Have a housing need.

  • Be able to pay monthly house payments.

  • Be a willing partner with Habitat.

Need

  • Your house is in poor condition.

  • You are living with family or friends.

  • You live in Section 8 or House Authority housing.

  • Your house is overcrowded.

  • Your housing expenses are more than 30% of your income.

  • You or a family member has special needs.

Ability to Pay

You must:

  • Have a stable source of income that meets Habitat guidelines.

  • Not have excessive debt.

  • Show that you are trying to pay bills on time.

  • Have NO liens or judgments.

Willingness to Partner (our part)

Habitat will:

  • Build (or renovate) a house with you.

  • Teach you the skills you will need to own and maintain a house.

  • Sell you the house with an affordable loan.

Willingness to Partner (your part)

You will:

  • Put in required hours (sweat equity) on our build sites and in our store.

  • Attend homeowner education classes.

  • Develop a budget and a debt repayment plan.

  • Have an open and honest relationship with Habitat.

Other Requirements

  • Must have lived in one of our local counties for a minimum of one year.

  • Applicant is a U.S. citizen.

If you are interested in our home ownership program, please contact us at (970) 252-9303.