Habitat Home

You must meet the following criteria in order to be eligible to purchase a home through the program offered by Amarillo Habitat for Humanity:

  1. NEED (at least one of these must be present)
  1. Inadequate Shelter
    1. Rent is too expensive
    2. Problems with heating, plumbing, electricity, mold, bugs, or maintenance
    3. Apartment is not up to code
    4. Not enough bedrooms for the number of people in the family, as well as the age and sex of these household members.  For example:  adolescent girls and boys sharing a bedroom, adolescent children sharing a bedroom with very young children or babies, or adults and children sharing a bedroom
    5. Unsafe conditions.  For example: lack of access to safe yard, street, or outlet from present home - physical environmental problems such as hazardous or toxic materials.
  2. Inadequate Resources
    1. Unable to afford a down payment at a bank or credit union that is MORE THAN $1,000.00
    2. Unable to afford to pay interest on a loan through a bank or credit union
    3. Inability to qualify for a VA, FHA, conventional or government loan.

 

  1. INCOME: ABILITY TO PAY (ALL MUST BE MET)
    1. Income that falls within Amarillo Habitat for Humanity’s income guidelines, between 40-60% of the median income, adjusted for family size and updated yearly.  (see chart below)
    2. Record of stable employment and/or other income for at least one year
    3. Ability to provide two valid forms of government issued ID example social security card, driver’s license, or identification card
    4. Ability to pay a down payment of approximately $1,000.00 ($500.00 will be due before construction begins on your home, and the remainder will be due before you move into your home)
    5. Projected housing expenses less than or equal to 30% of gross monthly income
    6. Existing long-term debt is less than or equal to 40% of gross monthly income. 

 

Please Note: Household income may be threatened by home ownership.  Example: Rent subsidies and welfare payments may cease if you own a home.

  1. WILLINGNESS TO PARTNER WITH HABITAT (YOU MUST BE WILLING TO DO ALL OF THE FOLLOWING)
  1. Work together with Eagerness
    1. Submit completed application with all supporting documentation in a timely manner
    2. Willing participant in home visit
    3. Willingness to participate in Habitat functions
    4. Attendance and participation in informational meetings
  2. Cooperate with These Requirements
    1. Sweat equity and its demands: 500 hours of “Sweat Equity” (volunteer labor) must be completed; 200 must be completed within the first 6 months after becoming a Partner Family or you will automatically be removed from the program.  In addition to working at our job site, 50 hours must be homeowner education classes that Habitat provides.
    2. Habitat’s housing design criteria
    3. Financial responsibility of home maintenance and care
    4. The importance of monthly payments without default
    5. The expectations of the letter of acceptance
    6. Habitat’s need for willing and active partners
  1. MUST BE A RESIDENT and have been a resident of Potter/Randall County (Amarillo area) for a minimum of one year prior to submitting an application.

 

Equal Housing Opportunity

 

Family Size

Minimum Yearly Amount

Maximum Yearly Amount

1

$ 16,525

$ 24,780

2

$ 18,875

$ 28,320

3

$ 21,225

$ 31,860

4

$ 23,550

$ 35,340

5

$ 25,475

$38,220

6

$ 27,350

$ 41,040

7

$ 29,225

$ 43,860

8

$ 31,100

$46,680

Interest Form

Please review the terms above to ensure you meet the guidelines before submitting this form to AHFH. Please note that this Interest Form is NOT an application for a Habitat home, but provides us with your contact information so that we can notify you when we have our Home Interest Meeting at which time you will receive an application.

*First Name:

*Last Name:

*Address:

*City:

*State:

*Zip:

Email Address:

Home Phone:

Cell Phone:

Work Phone:

 

 

Enter Security Code: