Home Ownership
WE ARE CURRENTLY ACCEPTING APPLICATIONS FOR HOMES TO BE BUILT IN 2011 AND 2012. APPLICATIONS MAY BE PICKED UP AT OUR OFFICES - 728 E. 15TH ST. OFFICE HOURS ARE MONDAY - THURSDAY, 9AM-4PM.
Or you can download the applications from this website - scroll to the bottom of the page for 3 PDF Files you may open and print off.
As a Christian housing ministry, Putnam County HFH believes that all of God's children deserve a simple, safe, decent and affordable home to live and grow into all that He intends.
We build simple, safe, decent, and affordable homes in Putnam County, TN. You must have lived or worked in Putnam County for twelve months and you must be a legal U.S.citizen or permanent resident.
To qualify for our program, we look at three areas:
NEED FOR HOUSING: Are you living in substandard poor conditions (such as structure problems with the home, or problems with water, electrical systems)? Or are you living in overcrowded conditions, living with family, or perhaps living in cost-burdened conditions (paying more than 30% of your income for housing expenses)?
ABILITY TO PAY FOR THE HOME Our Partner Families actually buy the home from Habitat with a zero interest mortgage. Applicants must have some sources of reliable, steady income
Family Size Naximum Income Maximum Income (if disabled family member)
3 $24,255 $26,460
4 $26,950 $29,400
5 $29,095 $31,740
Other Family Size Income Limits are detailed in the Application Cover Sheet (available at bottom of page)
WILLINGNESS TO PARTNER. If approved for our program you will be required to complete more than 400 hours of "sweat equity". This is volunteer hours helping build your home, other Habitat homes, working in our ReStore and attending education classes. Being in the program is similar to a part-time job and you must be ready to accept that responsibility. Are you willing to accept this work? Before you can move into your home you are required to complete the Sweat Equity Hours and pay an estimated $1,100 in closing costs (average of $75/month payment required) On the average you will have 15-18 months to complete these tasks.
Other requirements include: A decent reasonable credit history and no bankruptcies in the past three years.
YOU WILL NEED TO PRINT OFF EACH OF THESE - AND READ THEM CAREFULLY BEFORE COMPLETING!
