Homeownership Program

Owning a home with Newnan-Coweta Habitat for Humanity is an important partnership. This program is a HAND UP, not a hand out. We seek to provide decent and affordable housing to our family partners.

Requirements for Homeownership with Newnan-Coweta Habitat:

  1. Attend Orientation Session
  2. Be a resident of Coweta County for at least one year
  3. Must not have owned a home in the past three years
  4. Must meet HUD income guidelines (see figure below)
  5. Possess steady and verifiable source of income for at least two years
  6. Willingness and ability to pay monthly debt obligations
  7. Total debt-to-income ratio less than 43%
  8. Be in good standing with creditors

 

HUD Income Guidelines

Household Size

Minimum Income

30%

Ideal Income

60%

Maximum Income

80%

1

$14,650

$29,300

$39,050

2

$16,750

$33,500

$44,600

3

$18,850

$37,700

$50,200

4

$20,950

$41,850

$55,750

5

$22,600

$45,200

$60,250

6

$24,300

$48,550

$64,700

7

$25,950

$51,900

$69,150

8

$27,650

$55,250

$73,600

*Adjusted to match the current average mortgage payments of new homeowners.

HUD Equal Housing Statement: “We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation.  We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.”

 

Upcoming Orientation Sessions

  • Wednesday, January 10, 2018 – 6 pm to 7 pm
  • Saturday, January 13, 2018 – 9 am to 10 am
  • Wednesday, February 7, 2018 – 6 pm to 7 pm
  • Saturday, February 10, 2018 – 9 am to 10 am
  • Wednesday, March 7, 2018 – 6 pm to 7 pm
  • Saturday, March 10, 2018 – 9 am to 10 am
  • Wednesday, April 4, 2018 – 6 pm to 7 pm
  • Saturday, April 6, 2018 – 9 am to 10 am

 

Application Process

1. Attend an Orientation Session.

2. Turn in a complete application by the identified deadline.

3. You will be notified within 30 days of the application deadline if you are approved for the program. If you are not approved, you will be given a reason why and ways to improve your application. Do not be discouraged. Each applicant is eligible to apply each application round.

FOR MORE INFORMATION ON BECOMING A HABITAT HOMEOWNER:

1. Complete the form below. If you encounter any difficulties, call 770-252-9049 or programs@nchfh.org

2. Attend a Potential Homeowner Orientation. Orientation dates will be posted on this website and our Facebook page.

 

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