Qualifications for Home Ownership:

 Must be able to answer "Yes" to all of the following: 

  • I/we am/are a U.S. citizen or lawful permanent resident.

  • I/we have lived in Putnam County for at least the last 12 months.

  • I/we have not owned a house in the past 3 years or had a foreclosure in the past 7 years.

  • I/we currently live in an inadequate or unsafe home; and/or in an overcrowded home; and/or in a physically unsafe neighborhood.

  • I/we am/are willing to invest up to 250 hours in sweat equity labor by helping to build your house and/or the houses of others (based on two adults), or by volunteering at our ReStore facility. 

  • I/we agree to attend Home ownership educational classes.

  • I/we are committed to living in a drug-free and crime-free community.

  • I/we agree that Habitat can obtain a credit report for everyone who will be purchasing the home.

  • I/we are aware that all members of our household who are 18 years or older (and living in the home) cannot be listed on a sex offender registry and that each individual must pass a national criminal background check.

  • If you have filed bankruptcy, it must have been 5 years since the discharge of a Chapter 7 and at least 3 years since the discharge of a Chapter 13 bankruptcy.

  • I/we are able to pay a $700 down payment.

  • I/we agree that we will live in our Habitat home as our principal residence, and that it may not be occupied by another family while you own it.

  • Are able to show proof that your family’s normal annual income does not exceed income guidelines that have been pre-established by the Federal Department of Housing and Urban Development (HUD) for 2021.

One Person $26,820

Two People $30,660

Three People $34,500

Four People $38,280

Five People $41,400

If you meet the above qualifications move to the next step: