Agenda - 09-23-2002 - 1 - Laserfiche WebLink

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HOW TO GET and QUALIFY for a HABITAT FOR HUMANITY ORANGE COUNTY HOME Iff What is Habitat for Humanity? Habitat for Humanity is an ecumenical housing ministry whose mission is to eliminate poverty housing worldwide and to make decent shelter a matter of conscience. Habitat for Humanity brings together people in need of decent shelter with people who have the resources to help. Habitat builds not only homes, it builds communities. Our volunteers represent every color and creed,with widely different beliefs, but despite the differences,all agree that striking a hammer to a nail is the first step toward ending poverty housing. Habitat for Humanity is not a handout program;Habitat helps people help themselves. Future homeowners invest hundreds of sweat equity hours working side by side with volunteers to build their new home. Habitat builds homes that are modest in size but soundly constructed and energy efficient. Habitat for Humanity is not an emergency housing agency and it does not provide free housing. It does provide opportunities to qualified families to build a home in partnership with Habitat volunteers. All of the money to build houses comes from private donations and the monthly mortgage payments made by Habitat homeowners. Requirements: • Need: The applicant's present housing should be clearly deficient,such as lack of indoor plumbing,poor heating,leaking roof,rodents,overcrowding,unsafe neighborhood,etc. • Stable Income:Includes your paycheck,Work First and/or Social Security benefits,child support,and retirement. The applicant's record should reflect steady employment or a regular income for the past two years. The family must be able to afford a monthly mortgage payment of approximately$350.00. • Closing Costs:$750.00 will be required to pay closing cost and to set up an account for payment of taxes and insurance before moving in, • Credit:No unpaid judgments,no wages being garnished for bankruptcy. Collections must be less than$1,000. • Sweat Equity:Be willing to do 325 hours of "Sweat Equity." This means to partner with Habitat and help build your home and other future Habitat homeowners'homes. This includes SATURDAYS,budgeting class and education sessions. Once construction has started on your home,you are expected to be on sight EVERY SATURDAY. • Live and/or work in Orange County for 1 year. • Be unable to qualify for a conventional mortgage. • Allow Habitat to verify the information on your application,pull a credit report and contact your references(landlord,employer,credit and personal). • Allow up to 2 home visits by members of the Family Selection Committee. At any step in this process,your application for a home may be denied if it is determined that you do not meet our criteria or do not fully meet the terms of the Habitat partnership. If at anytime false or misreading, information is discovered this will be grounds for rejection of your application. r Eaula HOUSING OPPONNNOr