Homeownership

Home-Ownership

USNC-15-08584-JA_441573

 

 

Through home-ownership, Oneida County Habitat for Humanity  helps to develop and transform communities by building affordable and sustainable homes in partnership with lower-income families.

 

 

 

How it works:

  • Through volunteer labor and donations of money and materials, Habitat builds alongside our home-owner partner families.
  • Habitat is not a giveaway program. Habitat houses are sold to partner families and financed with low interest bank mortgages.
  • Home-owners invest hundreds of hours of their own labor into building their Habitat house and the houses of others.

Criteria:

  1. Need for Adequate Housing – Factors considered are overcrowding, potential health hazards, safety, high energy costs and housing costs which are more than 30% of total monthly income.
  2. Ability to Pay for a Habitat Home – The family must qualify for a low-income mortgage through a financial lender. The family’s income must be no more than 60% of the median income for that family size in Oneida County. (see 2018 chart below)
  3. Willingness to Partner – A commitment to work on, or in support of, the supervised construction activities. Much of this time is generally spent on-site in construction: time may also be contributed through office work, committee work, or other support activities. A certain amount of the “sweat equity” commitment of 200-400 hours can be shared by family and friends.
  4. Residence – The family must have lived or worked in Oneida County for 12 months prior to applying.
  5. Veteran Families – are encouraged to apply

 

2018 Income Limits for 60% of HUD Area Median Income ($65,000) of Oneida County.

Household Size 1
Person
2
Person
3
Person
4
Person
5
Person
6
Person
7
Person
Income  $13,650.00  $15,600.00  $17,550.00  $19,500.00  $21,060.00  $22,620.00  $24,180.00

Interested in becoming a home-owner? Please complete the form below and OCHFH will contact you when the next home-owner opportunity is available.

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