Do you think you might qualify as a homeowner or do you know of someone who might? Loveland Habitat has Open Application periods throughout the year. Call our office at 970-669-9769 to inquire about these application periods.
Applicants must meet the following basic requirements:
- Have lived or worked in Loveland for at least one year.
- Have a need for adequate housing. (Are current living conditions overcrowded or unsafe or do you pay 40% or more of your income for rent, or receive subsidized housing?) And can’t qualify for conventional loan.
- Willing to partner with Habitat by working 250 volunteer hours (sweat equity) per adult applicant.
- Earn between 30-60% area median income (see chart below), are a US citizen or legal permanent resident and have: No bankruptcy within last 2 years, No current non-medical collections, no judgments or liens. Current history of paying bills on time.
| 1 Person | 2 person | 3 person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|
30% Min |
$18,000.00 $8.65/ hour |
$18,060.00 $8.68/hour |
$20,310.00 $9.76/hour |
$22,560.00 $10.85/hour |
$24,360.00 $11.71/hour |
$26,160.00 $12.58/hour |
$27,960.00 $13.44/hour |
$29,790.00 $14.32/hour |
|
60% Max |
$31,560.00 $15.17/hour |
$36,120.00 $17.37/hour |
$40,620.00 $19.53/hour |
$45,120.00 $21.69/hour |
$48,720.00 $23.42/hour |
$52,320.00 $25.15/hour |
$55,920.00 $26.88/hour |
$59,580.00 $28.64/hour |
