Our Homeownership program provides local families with access, opportunity, and guidance on attaining an affordable home.
HOW ARE FAMILIES SELECTED FOR A HABITAT HOUSE??
Families in need of simple, decent shelter contact Habitat for Humanity of Marion County.
Homebuyers are chosen based on need, their willingness to become partners in the program and their ability to repay 0% or low interest loan.
All applicants will be considered without regard to race, color, religion, sex, handicap, familial status or national origin.
ARE HABITAT HOUSES FREE??
NO. Habitat builds or renovates homes in partnership with Homebuyers and people from the community who volunteer to construct homes.
Homebuyers partner with Habitat and then purchase the home with a 0% or low interest, mortgage. Monthly mortgage principal payments to Habitat for Humanity of Marion County help fund homes for future families.
HOW DO I QUALIFY?
To qualify for an affordable mortgage through Habitat for Humanity
of Marion County, Inc. Please review the following criteria.
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Applicants must show proof of primary residency and/or primary employment in Marion County for 1 year
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Applicants must be legal U.S. Residents
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Applicant must be First Time Homebuyers
INCOME GUIDELINES
*Income includes wages, social security, disability, SSI, and child support
COMMUNITY LAND TRUST
In May 2018, the Board of Directors approved the formation of a Community Land Trust (CLT) in an effort to keep all the future homes we build, to have the ability to pass on that affordability to the next owner of the home. We manage that process by having the CLT own the land that the Habitat homes are constructed on. At closing, the homeowner will sign a 99-year lease for the land allowing it to be available for homestead exemption. If a homeowner needs to sell their home, the CLT has the first right of refusal to purchase the home. The purchase price is based on a formula to determine the net equity earned during their ownership. If the CLT does not purchase the home, they retain the ownership of the lot and the homeowner can sell the home with the provision that it is sold to a family who qualifies as being affordable.
If you meet the above criteria and are interested in applying,
the next step would be to schedule a Homeownership Meeting
with our Family Programs Specialist, Heather Thrall
We have recently started hosting 1 on 1 ZOOM meetings for Homeownership.
To schedule a meeting and receive an application, please contact Heather Thrall at (352)351-4663 or fill out the form below.