About Home Ownership

Please note: We are not currently accepting applications for home ownership.

We will post information and an application here when we are accepting applications. Please call us for more information.

how it works:

  • Upper Valley Habitat provides qualifying low-income families and individuals the opportunity to partner with us to purchase a high-efficiency home. We provide home ownership and financial education, support, volunteers to build the home, and an affordable monthly mortgage that does not exceed 30% of your gross monthly income.

  • Our volunteer Family Committee reviews applications and makes an assessment based on the eligibility guidelines below. All applications are screened with three priorities in mind: housing need, ability to afford home ownership, and willingness to and evidence of ability to partner with us. Need for housing is assessed relative to other applicants.

  • You contribute labor and time to the construction project, take the required home ownership and financial education classes, actively participate as a Habitat partner family and homeowner, and pay your mortgage in a timely fashion.

eligibility guidelines 2018:

New Habitat partner families are chosen by our Family Committee. To be eligible for consideration, the following initial criteria should be met.

  • Demonstrate a need for an Upper Valley Habitat home, including one or more of the following:

    • Present housing situation is inadequate and substandard (for instance, overcrowded or unsafe)

    • Living with family, friends, or in temporary housing

    • High monthly housing expenses (rent is more than 50% of household income)

    • Accessibility needed

  • Unable to access traditional bank loan.

  • Total family income less than 80% of county median income, adjusted for family size. These figures are variable, but as a guideline family income should be no more than $30,000 to $60,000. Please inquire if you have questions about this.

  • Able to afford zero interest mortgage on a home (no less than about $30,000 annual income).

  • Willing to provide 500 hours of “sweat equity” into building the home (including financial and home ownership education classes)

  • Resident of Upper Valley at least one year.

  • Reliable and verifiable income. (Can include wages, pensions, disability, TANF, SSI, child support, but does not include any form of vouchers or vendor payments such as food stamps, fuel assistance, etc.)

  • $1,000 down payment (please note you do not have to have a lot of savings or perfect credit to apply with us!)

  • Sustainable commitment to responsible home ownership, and to on-going partnership with Upper Valley Habitat for Humanity.