HOMEOWNERSHIP PROGRAM
How does Habitat homeownership work?
Habitat makes homeownership possible for hardworking people who are priced out of the market. Future homeowners qualify based on need, ability to pay, and willingness to partner. They prepare through homebuyer education and walk alongside Habitat as active partners in the process.
Buyers purchase their homes with a mortgage tailored to their budget. Broad community support covers the gap between what it costs Habitat to build and what local families can afford. Together, we build homes, communities, and hope in Calaveras County.
1. A NEED FOR ADEQAUTE HOUSING
Homebuyers chosen for a Habitat house must live in inadequate, overcrowded, unsafe, and/or overly expensive housing.
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2. THE ABILITY TO PAY A LOW-INTEREST MORTGAGE
Habitat home buyers must maintain an income sufficient to repay a low-interest loan and have a good credit history. The maximum income is dependent on family size and will generally be in accordance with “low income” determinations made by HUD (Housing & Urban Development) and USDA (United States Department of Agriculture). The monthly mortgage payments are tailored to homeowners and will be no more than 30% of the gross monthly household income.
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3. WILLINGNESS TO PARTNER
Attending and completing Homeowner Classes in money management, home ownership and home maintenance.
Performing a minimum of 250 hours (maximum of 500 hours) of “Partnership hours” per household by working on construction of their houses or helping to further Habitat’s mission.
QUALIFICATIONS FOR A HABITAT FOR HUMANITY CALAVERAS HOME?
Homebuyers chosen for a Habitat house must live in inadequate, overcrowded, unsafe, and/or overly expensive house.
Habitat home buyers must maintain an income sufficient to repay a low-interest loan and have a good credit history.
Attending and completing homeownership educational classes in money management, home ownership and home maintenance.
Performing a minimum of 250 hours of “Partnership Hours” per household by working on construction of their homes or helping to further Habitat’s mission.
Currently the program for Eureka Oaks homes is generally intended for households with a combined annual income of approximately $70,000–$80,000.
Households with lower incomes may also be considered, particularly those with sufficient savings to contribute toward a down payment and other homeownership expenses.
OUR HOMES ARE
ENERGY EFFICIENT​
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Our current homes include energy-efficient features such as increased insulation, low-flow water fixtures, CFL or LED lighting, cutting-edge products, and solar installations. Our homes are LEED certified.
HEALTHY
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Habitat homes are modestly-sized and are built to meet the needs of our partner families. Habitat’s commitment to build for income-qualified people extends to those with disabilities. When possible, Habitat homes incorporate basic accessible design features such as zero-step entrances and wide passage doors and hallways.
ENVIRONMENTALY FRIENDLY
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Habitat houses are built using wood frame, gypsum board interior walls, wood, concrete or vinyl siding, and asphalt shingle roofs.
Healthy
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Habitat homes are modestly-sized that are built to meet the needs of our partner families. Habitat’s commitment to build for income-qualified people extends to those with disabilities. When possible, Habitat homes incorporate basic accessible design features such as zero-step entrances and wide passage doors and hallways.
Environmentaly friendly
​
Habitat houses are built using wood frame, gypsum board interior walls, wood, concrete or vinyl siding, and asphalt shingle roofs.
Energy Efficient
​
Our current homes include energy-efficient features such as increased insulation, low-flow water fixtures, CFL or LED lighting, cutting-edge products, and solar installations. Our homes are LEED certified.
OUR HOMES ARE
EQUAL HOUSING OPPORTUNITY
The federal Equal Credit Opportunity Act prohibits creditors from discriminating against applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
The federal agency that administers compliance with this law concerning this is the Consumer Financial Protection Bureau, 1700 G Street N.W., Washington, D.C., 20552.
EQUAL HOUSING OPPORTUNITY
The federal Equal Credit Opportunity Act prohibits creditors from discriminating against applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this is the Consumer Financial Protection Bureau, 1700 G Street N.W., Washington, D.C., 20552.