Homeownership Qualification Guidelines
Habitat for Humanity of North Central Iowa is now accepting homeownership applications for the six county area we serve, Cerro Gordo, Franklin, Hancock, Winnebago, Worth and Wright. Check out the guidelines below.
You may be able to purchase a Habitat home if you meet the following three guidelines:
You may be able to buy a Habitat home if your present housing is not adequate and you are unable to obtain adequate housing. Lack of adequate housing may include:
- Structural problems
- Water, electrical, or sewage service problems
- Failure to meet city property maintenance standards
- Shortage of bedrooms based on the number, ages, and sex of your children
We also consider the percentage of your monthly income that you currently spend on housing to determine need. You will be required to openly and fully discuss your financial situation with a Habitat interviewer. All information discussed and collected is strictly confidential.
You and your family will be considered if your total income is not over the range of 60% of the median income for our area (see chart). You must reside in our six county area to qualify.