We are now accepting applications for our homeownership program for 16 new homes that we will be building on Cudjoe Key! Please visit our HOME BUYER PROGRAM link for details!

 

 

Habitat for Humanity of Key West and Lower Florida Keys partners with families in need to build affordable energy efficient homes, which are built using professional contractors and volunteer labor.
Each homeowner famil
y is required to invest a minimum of 350 hours of “sweat equity” to become eligible to purchase their home with an affordable mortgage.


HOW TO QUALIFY FOR HOMEOWNERSHIP
There are 3 main requirements:

NEED:
Must be a first-time home buyer (have not owned a home in the past three years)
Living in overcrowded, substandard, temporary, or public housing OR paying more than 30% of household income for current housing (cost burdened)
Unable to secure adequate housing through the private market

ABILITY TO PAY:
Have stable employment or other source of income
Have acceptable credit history
Earn an annual income that ensures no more that 30% of earnings will be utilized to pay for housing costs, including taxes and insurance (not cost burdened)
(In order to qualify there is also a maximum income based on Monroe County Affordable Workforce Housing Guidelines, and 70% of household income must be earned in Monroe County)

WILLINGNESS TO PARTNER:
Applicants must be US Citizen or Permanent Resident
Applicant families must invest 350 hours of “sweat equity” volunteer labor
Applicant must attend educational home ownership classes
Applicants must reside in Monroe County for 12 months prior to applying

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