Are you in need of better housing because your current home is too small, poorly built or not affordable?
Do you have a steady income and good credit?
Are you willing to partner with Habitat by investing 200 hours of “sweat equity”?
Do you live or work in Benzie County and are prepared to own a home?
What does Habitat for Humanity do?
Habitat for Humanity, is a nonprofit, ecumenical Christian housing ministry, that works in partnership with families that need to improve their living conditions. Habitat challenges local individuals, churches, businesses and charitable organizations to provide the funding required to build affordable and energy efficient homes. Habitat helps partner families obtain low interest mortgage loans with affordable monthly payments.
NEED FOR BETTER HOUSING
Need varies from family to family. The level of need is determined by our Family Selection & Support Committee. Some examples of need are: not enough living space or bedrooms for your family, home needs major repairs or is unsafe, you are temporarily living with friends or family, cost (typically rent) is not affordable (over 30% of gross income), or you are unable to obtain a conventional mortgage.
ABILITY TO PAY
|Single Family Housing – Direct 502 Rural Housing Loan Program
Adjusted income and Loan Limits 5-3-2021 BENZIE COUNTY
(Maximum Loan Limit $285,000)
|Income Limits||1-4 Household Members||5-8 Household Members|
WILLINGNESS TO PARTNER WITH HABITAT
Applicant(s) must sign a “Partnership Agreement” document. They must agree to 200 hours per Applicant of Sweat Equity work. This includes attending Home Ownership and other required classes, helping to work on their own or other Habitat homes, or volunteering for other Habitat projects or other Benzie County Non-Profit organizations.
You must be residents of or employed in Benzie County for at least one year prior to applying to our Homeownership Program.