Becoming a Habitat Homeowner
Wabash Valley Habitat for Humanity
has partnered with more than 50 families in becoming homeowners. Basic
qualifications for Habitat homeownership are:
-
Need - If you and your
family are currently living in substandard housing or subsidized housing
-
Ability to pay -
Habitat homes are not given away and require mortgage payments which are
interest-free.
You must have an income of 30% - 60% of Vigo County median income and you must
be able to pay a monthly mortgage payment of $350 - $500. Mortgage
payments are determined by the Habitat business office and your individual
income and expenses are taken into account.
-
Willingness and ability to
partner - Each homeowner is required to volunteer a minimum of 250 hours to
establish sweat equity in his/her home.
The Family Selection team is
accepting applications now. A pre-application can be filled out at the
Habitat office, 2313 Tippecanoe Street, Monday through Friday, 9am to 5pm.
Contact the office at 235-5914 if you have questions.
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