How Do You Qualify for a Habitat House?
To qualify for a Habitat house you must:
- Be a U.S. citizen or permanent resident;
- Have sufficient income to be able to pay a monthly mortgage payment. Generally your income must be in the range of 30 – 60% of Grand County’s median income (approximately $1,873 – $3,510per month before taxes for a family of four);
- Live in housing conditions that are not adequate for your family’s needs;
- Have lived in Grand County for at least one year; and
- Commit to contribute “sweat equity” toward the construction of the house – 200 hours from each adult in your family.
“Sweat equity” means you contribute your time and efforts to help Habitat volunteers build the house and agree to help with various Habitat projects such as fundraising events and mailings. Each family member age 18 and older must contribute a minimum of 200 hours of sweat equity.
How Do You Apply?
To apply for a Habitat house you must:
- Complete the Home Buyer Screening Form and mail it to Habitat at P.O. Box 969, Granby, CO 80446;
- Sign the release for to authorize Habitat to perform a background check and an in-depth study of your financial situation, including employment and credit and rental verifications.
- If approved, complete the full application for Habitat housing form;
- Schedule a home visit by our Family Selection team;
- Submit all required forms and financial documents requested in a timely fashion; and
- Complete and return the Meeting Your Sweat Equity Requirement form.
What if You Don’t Qualify Right Now?
If you qualify financially but are not selected this year because another applicant’s need is greater, we invite you to reapply for next year’s house. Since we build only one house per year, we can select only one family per year.
If you don’t qualify right now due to bad credit, excessive debt load or insufficient income, we invite you to attend our financial management course. This course will help you learn how to manage your money better, create a plan to pay off your debts and improve your credit score, and move toward the point where you can qualify.
If your income is too high, we suggest you attend one of the First Time Homebuyer seminars offered monthly by the Grand County Housing Authority and investigate other mortgage options.
If you would like to apply, please download and complete our Home Buyer Screening Form and return it to our office by email to firstname.lastname@example.org or mail it to Habitat for Humanity of Grand County at P.O. Box 969 Granby, CO 80446.