Willingness to Partner with Habitat
Sweat Equity = the work hours that you are required to complete before moving into your home.
You must complete 20 sweat equity hours per month to remain in the program
= 5 hours per week & attend training workshop
You and your family are able and willing to fulfill “250 Sweat Equity" hours by working together with other volunteers.
You must attend "Future Homeowners" Classes that will teach you the concept of Habitat housing, budgeting, home maintenance and life skills.
Example of topics included:
Budgeting and Credit Management
Homebuyers Education (8 Hrs. Course)
Home Maintenance and Repairs
Basic Banking/Financial Planning
Community Land Trust Education
Predatory Lending/Foreclosure Prevention
You must be willing to meet all the contractual agreements made with Habitat for Humanity of Marion County, Inc. & maintain SHIP/HUD annual income guidelines through the closing process.
Must be willing to complete 250 sweat equity (volunteer) hours
-Sweat equity hours can be completed on the construction site, at the ReStore locations, at special events or projects and by attending homeowner education classes.
-100 sweat equity hours may be completed by friends & family.
Complete the required homebuyer education classes
-Monthly homebuyer classes
1 - first time homebuyer education workshop
-Encourage other families to participate in the Habitat for Humanity of Marion County program
-Be responsible for the maintenance of your home from the day you move in
-Be responsible for paying your affordable mortgage loan, escrows & ground lease fee in a timely matter so that other families can benefit from the homeownership program.
This program is NOT a "quick fix" for housing problems. It takes 1 - 2 years to complete the process from application to final construction.
Sweat equity - The kids can help too!
Children of partner families may earn sweat equity hours for earning A’s & B’s on their Report Card each quarter.
The credit will be applied as follows: A on the report card = 2 hours of sweat equity
The credit will be applied as follows: B on the report card = 1 hour of sweat equity
Children over 10 years of age may participate in sod installations
Children over 18 may work on the Construction site