Habitat for Humanity seeks applications for 2015 home
January 29, 2015
Habitat for Humanity of Grand County is seeking applicants for its 2015 Habitat house. Habitat works with volunteers, local businesses, churches, and a family in need of better housing to build a simple, affordable, energy efficient home.
When the house is completed, we sell the home to the family with an affordable monthly mortgage payment. Habitat builds homes to meet Energy Star standards thus making sure that a family can have the lowest possible heating bills as well as a very low cost mortgage.
To date the organization has completed 11 Habitat homes in Grand County, five in Granby, one in Kremmling and five in Hot Sulphur Springs. The 2015 house will be in Hot Sulphur Springs.
To qualify for a Habitat house, an applicant must:
• Be a U.S. citizen or permanent resident;
• Live in housing conditions that are not adequate;
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• Have sufficient income to pay a monthly mortgage payment, generally in the range of 30 – 60 percent of Grand County's median income;
• Have lived in Grand County for at least a year; and
• Commit to contribute "sweat equity" toward construction of the house – 200 hours from each adult in the family. "Sweat equity" means you contribute your time and efforts to help Habitat volunteers build the house and agree to help with various Habitat projects such as fundraising events and mailings.
To apply for a Habitat house an applicant must:
• Complete the Home Buyer Screening Form (attached); mail it to Habitat at P.O. Box 969, Granby, CO 80446;
• Sign the release form to authorize Habitat to perform an in-depth study of the applicant's financial situation, including employment and credit verifications and a background check;
• If approved, complete the full application for Habitat housing form;
• Schedule a home visit by our Family Selection team;
• Submit all required forms and financial documents requested and in a timely fashion; and
• Complete and return the Meeting Your Sweat Equity Requirement form.
Habitat's is an equal housing opportunity program.
If an applicant qualifies financially but is not selected this year because another family's need is greater, we invite the applicant to reapply for next year's house. Since we build only one house per year, we can select only one family per year.
If an applicant doesn't qualify right now due to bad credit, excessive debt load or insufficient income, we invite the applicant to attend our financial management course. This course will help the applicant learn how to manage money better, create a plan to pay off debts and improve their credit score, and move toward the point where they can qualify.
If an applicant's income is too high, we suggest the applicant attend one of the First Time Homebuyer seminars offered monthly by the Grand County Housing Authority and investigate other mortgage options.