How is a Habitat partner family selected?
The families go through a family selection process that seeks homeowners based on their level of need, their willingness to become partners in the program and their ability to repay the zero percent interest loans. The length of the family selection process varies depending on the availability of homes. It may be more than a year from the beginning of the selection process until the family can move into their home.
Habitat follows a nondiscriminatory policy in family selection. Neither race nor religion is a factor in choosing families who receive Habitat homes.
Families in need of decent shelter or for more information please contact Shayna Hensley, Family Services Specialist at (619) 283-4663 ext. 314 to obtain the guidelines on how to qualify for a San Diego Habitat home.
How can I get an application for housing?
Families who are interested in applying for a San Diego Habitat home must attend an orientation meeting. Please note, applications are not sent through the mail. Families must attend an orientation in order to receive an application. At the meeting, specific information about San Diego Habitat will be given including the application process and the home(s) we will be building. Please contact Shayna Hensley, Family Services Specialist at (619) 283-4663 ext. 314 for upcoming orientation meetings.
How does a Habitat mortgage work?
Habitat acts as the lender for a 20-year to 30-year 0% - interest mortgage. The money that the family pays to Habitat is then recycled through us to help build additional homes for more families.
How much does a Habitat home cost and how much are the monthly payments?
Recent homes that we have built and sold are costing between $115,000 and $140,000. Monthly mortgage payments are normally between $600 and $800. This includes the principal, house insurance and property taxes. Based on past experience, earning 24,000 a year is the minimum income needed to make the average monthly mortgage payments.
Do I have to be a U. S. citizen to qualify?
No. You must be a permanent resident to qualify.
What is "sweat equity" and when can I start my hours?
Sweat equity" labor of homeowner families. Instead of a cash down payment, potential homeowners give us 500 hours of labor per family. This sweat equity can be applied to the construction of their own home, the construction of homes for others, assisting on ReStore activities, or other Habitat projects.
We ask that you begin your sweat equity hours once you have been selected for a specific site and sign a Purchase Agreement. Of course you are more than welcome to donate hours as a volunteer.
Does Habitat prevent homeowners from selling their homes and making windfall profits?
Habitat retains the "Right of First Refusal" to purchase back any home if a homeowner needs to sell. Habitat buys the home back at a price that shares with the homeowner the appreciation in the value of the house. |
