Having your own home is a key to happiness with added comfort and security. The Habitat for Humanity Homeownership Program provides homes on a low mortgage, allowing you to construct a new house for yourself alongside professional builders. And the best part is that you are going to have full ownership of the said house. After the mortgage is paid in full, we use this amount to build more homes for other families in need.
The average monthly payment is around $1250 to $1350, depending on the location, insurance, and house style. This also includes the taxes with the payments made.
Why a Habitat for Humanity Home?
A home is the basic necessity of every family. But things can get rather tricky in that regard when it comes to low-income families in dire need of affordable homeownership. These families also have to make ends meet regarding utilities and basic insurance. Habitat For Humanity’s Homeownership program provides stable houses to these families within the South Florida housing market – the most cost burdened market in the nation.
It is challenging for low income families to qualify for a fair home loan or find a quality rental they can afford. Sometimes, the option is simply not available so families can end up in small and overcrowded spaces. At Habitat for Humanity Broward we aim to give these families a chance to claim home ownership they are proud of.
Are These Homes Safe, Decent, and Stable?
Habitat for Humanity of Broward is genuinely committed to creating safe spaces for families which they can call home. These homes provide your children with because of their neighborhood-focused locations. The family’s pride and confidence can grow while they are presented with more opportunities within the fields of education and employment.
Many of the homes rented by families Habitat Broward serves are not only overcrowded, but the members often have to face conditions like leaking roofs, broken windows, rodents and insects, and even problems with electrical wirings. On the other hand, a Habitat for Humanity home has secure property rights and additional benefits for women and the entire community.
The houses are constructed by incorporating the sweat equity of the future homeowners. They work for hundreds of hours to build their new home.
How to Get a Habitat for Humanity Home?
How fast one can get their Habitat for Humanity home varies from one case to another. Once the application is submitted, it takes 30 months for review. Once processed and approved, it takes about 12-18 months to finish the process of construction.
Sweat equity is the time you give to help us make our program possible. We record all your work including maintenance, repairs, and labor on other properties. The time you put in translates into equity to help you secure homeownership in our program. We recognize your hard work and with the Habitat for Humanity Homeownership program, you truly earn your home.
You can join our sweat equity program after the selection process. Beginning your contribution early can build trust and relationships within our community.
Do You Have to Belong to a Particular Group to Get the House?
The answer to this question is a straight NO. Habitat for Humanity of Broward has always been a part of Christian ministry. But the homeownership rights don’t depend on caste, creed, gender, race, marital status, or any other legally protected status. The important point about how to get a Habitat for Humanity home is that you have to be a citizen or legal permanent resident of the US and you must live or work in Broward.
Do You Receive Complete Ownership of the House?
Yes, you will get complete ownership of your place once you pay off the entire loan amount and the home mortgage.
After the mortgage is paid off, you are the rightful owner of the house. That said, you can choose to live with your family in that house, sell it, or even rent it to other families. There are absolutely no limits to what you can do with your new home once you’re its rightful owner, just like with any other house.
Is It Hard to Get a Habitat for Humanity Home?
The selection process may sound a little too strict, but it ensures that the rightful family gets their place to stay. Even after the finished selection process and approval, they have to work for it. But other than that, the answer is NO. It is not hard to get a Habitat for Humanity home, considering that the eligibility criteria are pretty straightforward to understand while filling out the application on the website is rather simple.
You’ll be required to complete a 3-page form that’s readily available on the Habitat for Humanity of Broward Homeownership Program web page. Once completed and submitted, you can expect an email notifying you whether you’re eligible for the program or not. If you qualify, you’ll be able to proceed to the next step by setting up your Homeownership Portal account and providing the necessary documentation there. Once you send all the required documentation, this is where the real application process starts, and you’ll have to exercise patience before everything’s ready for the build.
The condition to pay attention to when it comes to the matter of how to get a Habitat for Humanity home is that the eligible family should work hard to pay off their mortgage and participate in the sweat equity of the new-coming families. You can build a partnership with the new family and their members. Before it’s possible to move into the new house, the new owner should perform the compulsory sweat equity of 300 hours. This helps people in your local community and benefits everyone, especially the families who are already struggling and desperately need some happiness in their life.
At Habitat for Humanity of Broward we find joy in bringing people together through God’s love to build homes and communities. We aim to give families hope and empower each other through support, hard work, and education. Join us in our mission to break the cycle of renting and help families find affordable, decent housing.