Apply to purchase a safe, affordable Cape Fear Habitat home.
There are several areas that qualify a future Habitat homeowner:
There must be a demonstrated need for adequate housing, which include one or more of the following:
- Currently living in overcrowded or unsafe conditions
- Currently living in subsidized housing
- Currently living in substandard housing, or homeless
- Housing expenses greater than 30% of income
- Unable to get a home loan from any source
Ability to Pay
Our Future Homeowners earn from 30 to 80 percent of the area’s median income (AMI), with a target AMI of 60 percent or below, adjusted for family size. Consider income amounts including wages, Social Security, Social Security disability, child support and other forms of consistent, reliable income.
|Income Ranges per family size|
|Annual Gross Income from all sources|
|New Hanover Co.||Pender Co.||Duplin Co.|
|Family of 1||$25,100 – $40,450||$25,100 – $33,250||$25,100 – $29,300|
|Family of 2||$25,100 – $46,200||$25,100 – $38,000||$25,100 – $33,500|
|Family of 3||$25,100 – $52,000||$25,100 – $42,750||$25,100 – $37,700|
|Family of 4||$25,100 – $57,750||$25,100 – $47,450||$25,100 – $41,850|
|Family of 5||$29,420 – $62,400||$29,420- $51,250||$28,250 – $45,200|
|Family of 6||$33,740 – $67,000||$33,740 – $55,050||$30,350 – $48,550|
|Family of 7||$38,060 – $71,650||$36,800 – $58,850||$32,450 – $51,900|
|Family of 8||$42,380 – $76,250||$39,150 – $62,650||$34,550 – $55,250|
|These numbers are effective as of April 12, 2018, but they do change every year.|
|*Wages earned by people under the age of 18 are not counted.|
|*Meeting the income requirement is only part of what is needed to meet the Ability to Pay portion of our criteria.|
Willingness to Partner
- Willingness to Partner with Habitat by doing “sweat equity.” Complete an average of 16 hours of Sweat Equity each month, with a required minimum of two (2) engagements per month. Total of 250 hours for a 1 adult family, or 400 hours for 2 adult family is required by closing. Some of these hours can be donated by friends and family.
- Attendance at Homeownership Classes
- Demonstrated willingness to pay a mortgage by submitting monthly payments towards closing costs, debts, or savings while in program
- Attend monthly Financial Meetings and demonstrate a commitment to working with Credit & Mortgage Counselor on strengthening your financial readiness (such as budgeting, spending, saving, and credit). Submit paperwork and documentation, as needed
- Thoughtful communication about changes prior to closing, including changes in your financial situation, family size, contact information, or schedule as it relates to appointments and Sweat Equity.
The buyer of the house must be citizens or legal residents of the United States.
The buyer of the house must have lived or worked in the Cape Fear Region for at least one year.
The families who apply to purchase homes from Cape Fear Habitat for Humanity will be selected by the Homeowner Services Committee in a way that does not discriminate on the basis of race, sex, color, age, handicap, religion, marital status, or because all or part of the applicant’s income is derived from public assistance programs.