Home Ownership - Who Qualifies?
Four fundamental criteria are used to determine who is selected to be a Habitat partner.
Need for Shelter - The applicant's current shelter is inadequate because it is either structurally unsound, overcrowded, has unsafe, unsanitary or unhealthy conditions, or the resident is paying more than 50% of household income for housing.
Willingness to Partner - The applicant agrees to completes 250 hours of sweat equity per adult in the family and participates in the partnership program that may include financial counseling and household management education.
Ability to Pay a Mortgage - The applicant's household income is between 30% and 60% of area’s median income based on family size. For a 20-30 year mortgage, a homeowner’s monthly housing expenses may be approximately $500 to $800 a month (includes mortgage payment, home insurance, and property taxes).
Residency – Each affiliate has a residency requirement. A partner family would typically live and/or work in the county of Orange or Washington.
Home Ownership - the selection process
The Homeowner Selection Committee advertises for a family partner and accepts applications. Contact the affiliate for the next open application period. View our application form: Application.pdf
The Committee reviews all completed applications and then the Family Selection Committee:
If you meet these criteria and wish to pursue home ownership through Habitat, contact the affiliate serving the area in which you live.
Our Federal Form 990 is available for public inspection by writing to: Treasurer, Central Vermont HFH, P.O. Box 837, Montpelier, Vermont 05601.