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How the Program Works

To apply for a Habitat Home one must: 

  • Live or work in the St. Vrain Valley school district
  • Be a legal permanent resident or citizen of the United States
  • Attend an orientation 
  • Turn in all paperwork, including financial documents, on time
  • Be interviewed by a selection committee

Habitat Homes are affordable because: 

  • They are built by volunteers working with future homeowners. 
  • They are sold at cost and for no profit. 
  • House payments are 25-30% of the homeowners monthly income at origination
  • Habitat offers low-no interest mortgage loans

Habitat Homeowners are required to: 

  • Contribute 250-500 hours of “sweat equity” 
  •  Attend budgeting, home maintenance and other classes

Program Qualifications:

Housing Need (for example):

· Inadequate Housing

· Unsafe Neighborhood

· Housing is Temporary or Transitional

Willingness to Partner (for Example):

· Attend an orientation

· Turn in all paperwork on time

· Attend classes once selected

· Complete all “sweat equity” hours before

         moving into your home

Ability to Pay:

· Meet income guidelines (see below)

· Debt to Income Ratio 43% or less (Monthly Debt Payments on Credit Report + Potential Habitat Mortgage / Monthly Income=Less than .43)

· Be able to save $500-$1,000 for closing costs