How does Habitat for Humanity homeownership work?

Families in need of decent, affordable housing apply for homeownership with Wild Rivers Habitat for Humanity (WRHFH).

The WRHFH family selection committee selects homeowners based on three criteria:

  • The applicant’s level of need.
  • Their willingness to partner with Habitat.
  • Their ability to repay a mortgage through an affordable payment plan.

As part of their willingness to partner, Habitat’s homebuyers invest hundreds of hours of their own labor, called sweat equity, working alongside volunteers and other Habitat homeowners.

Habitat for Humanity follows a nondiscriminatory policy of family selection. Neither race nor religion is a factor in choosing Habitat’s homeowners.

To carry out our vision, we partner with individuals and families from application through construction to when the keys are handed over. Habitat homes are not free. A homeowner typically does 300 to 500 hours of sweat equity and after closing pays a mortgage on a zero percent interest loan (the mortgage payment includes an amount that is escrowed for house insurance and property taxes).

By working with us from beginning to end, we can help prospective individuals prepare for the various responsibilities of homeownership, including learning about personal finances, mortgages, maintenance and upkeep of homes, and much more.

Habitat’s path to home ownership is an important and in depth process, requiring hard work, time and dedication. But this helps to ensure the long-term success of Habitat homeowners. 

Our application is available to download at http://www.wildrivershabitat.org/content/apply-habitat-home

If you have any question's, please contact our office at 715-483-2700 ext.10.