Habitat Homeowners

Homeowners are selected based on their application and two home visits, level of need, condition of their current substandard housing, willingness to partner, and ability to repay the loan. Income should be between the poverty level and 150% of the poverty level. Neither race nor religion is considered. About 12 to 18 applications are received for each house.

Habitat houses are simple, decent, and affordable and sold to partner families who have completed 300 hours of sweat equity as a down payment. Families then assume a 20-year, interest-free mortgage to Emporia Area Habitat, with average payments of $425 to $450 per month. Mortgage payments are usually less than what you may be paying for rent or substandard housing. The mortgage payment includes insurance and taxes, set aside in escrow. The payments on principal go toward expenses for the next house.

Income Guidelines

Household Size	Gross Annual Income
1	$16,275 – $30,225
2	$18,620 – $34,580
3	$20,930 – $38,870
4	$23,240 – $43,160
5	$25,130 – $46,670
6	$26,985 – $50,115
7	$28,840 – $53,560
8	$30,695 – $57,005