Who Are Habitat Home Applicants?

Indian River Habitat for Humanity builds affordable homes for low-income families who have a need or live in substandard housing.

Homeowner Applicants must have a need, the ability to pay and the willingness to partner. They must also:

  • Legal resident of the United States
  • Current on any non-medical debt
  • Lived and worked in Indian River County for at least one year
  • Income based on the income guidelines listed (see chart)
  • Contribute hundreds of hours of sweat equity
  • No prior homeownership in the past three years.
INCOME GUIDELINES
Household Size*
Minimum
Maximum
1
$13,650.00 $36,400.00
2
$16,910.00 $41,600.00
3
$21,330.00 $46,800.00
4
$25,750.00 $52,000.00
5
$30,170.00 $56,200.00
6
$34,590.00 $60,350.00
7
$39,010.00 $64,500.00

Based on 2019 HUD data.
*number of individuals

A NEED

  • Inadequate housing, overcrowded, unaffordable
  • No prior homeownership in the past three years.

ABILITY TO PAY

  • Adequate income to cover utilities, maintenance expenses, as well as the mortgage payments, which include taxes and insurance.
  • Less than $3,000 in bad debt on your credit report in the past 24 months.
  • Debt ratio of less than 40%.
  • Timely rent payments, stable income for one year, and no bankruptcy in the past three years.

WILLINGNESS TO PARTNER

  • A willingness to partner with Habitat and work hundreds of hours of “sweat equity”. (Number varies)
  • Must attend the required homeowner classes as scheduled.
  • Willing to pay-off or catchup on delinquent debt prior to purchasing home.
  • Meet a minimum savings amount of $2,000 towards closing costs.
  • Be responsible for house maintenance after the move in date.
  • Be responsible for repaying the purchase cost of the home in a timely manner so that other families can benefit from the Habitat program.
Equal-housing

“We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.”

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