Home Ownership Program - Goodhue County Habitat for Humanity
Habitat homes are built by partner families who contribute hundreds of hours of sweat equity together with many volunteers supplemented by donated materials and contributed funds. Habitat then sells these completed homes to the partner family with a mortgage that does not exceed 30% of their income. Families monthly payment for subsidized interest rate mortgage, real estate, taxes, and homeowner insurance is below 30% maximum of household income.
Categories
Last assured
04/17/2024
Physical Address
614 Plum Street, Red Wing, MN 55066
Hours
9 am - 4:30 pm Monday - Friday
Voice
Website
https://www.gchabitat.org
Application process
- The Executive Director will explain to applicants how Habitat's housing ministry works. Applications can be accessed on the website or in the office. - Call; email; visit website; walk in
Fee
There are no application fees for a Habitat homeowner, there are closing fees of approximately $2200 (first year insurance premium, recording fees, and mortgage tax)
Required documents
- Copy of your most recent pay stub or income payment - Copies of the latest W2s for all family members with income - Copy of your latest federal income tax return (1040 only) - Copy of your latest state income tax return (form M1 only) - Verification of SSI, County Assistance, Child Support or any other unearned income - Application/registration form; proof of household income; Social Security card/number; utility bills
Eligibility
Low-income families are selected to become Habitat homeowners based on three criteria: 1) Need for adequate housing, 2) Ability to pay (houses are sold at appraised value), 3) A willingness to partner (sweat equity requirement of 200 hours per adult family member)
Service area
Goodhue County, MN
Agency info
Goodhue County Habitat for Humanity
Provides homeownership opportunities to low income families, aging in place assistance to allowlower income elderlyto stay in their homes safely andlonger, and critical home repair for lower income Goodhue County residents.