Homeownership Program

Homeownership Program هو منحة لمشتري المنازل في Savannah، Georgia. Coastal Empire Habitat for Humanity (Habitat Savannah) is a Habitat for Humanity affiliate building and selling affordable homes to low-income partner families in the Coastal Empire (Bryan, Chatham, and Liberty Counties) of Georgia. Partner families must live or work in the Coastal Empire for at least 12 of the preceding 24 months, be U.S. legal residents, demonstrate need and fiscal readiness, and partner with Habitat through a home-site visit, sweat-equity labor, and homebuyer education courses. Habitat originates an affordable first mortgage (below-market interest, payment capped at ~30% of income) and takes a soft second mortgage for the appraisal gap. Income must fall between 35% and 80% AMI for Chatham County. Applicants out of Chapter 7 bankruptcy at least 5 years or Chapter 13 at least 1 year. Family Selection Committee reviews and recommends families to the Board of Directors. This is a homeownership program with built-in DPA-style subsidies (categorized in this database as 'Both' DPA + 1st-mortgage origination). Habitat for Humanity affiliate Coastal Empire Habitat for Humanity builds and rehabilitates homes and sells them to qualified low-income partner families using a Habitat-originated affordable mortgage (historically 0% interest, capped at no more than 30% of household income for PITI). Includes hands-on partnership: home site visit, sweat-equity hours, and required homebuyer education courses. Below-market mortgage structure functions as substantial built-in down payment assistance and gap subsidy. يأتي التمويل من Habitat for Humanity International / Coastal Empire Habitat for Humanity (charitable donations, ReStore proceeds, volunteer labor); supplemented by HUD HOME, CDBG, FHLB Atlanta, and other grant sources.

Homeownership Program مصمَّم كمنحة، لذا لا يُسدَّد. يُستحق السداد عند Sale, transfer of title, refinance, or failure to occupy as primary residence triggers repayment of the Habitat first mortgage and recapture of any soft-second appraisal-gap mortgage. Standard Habitat affordability covenants typically run for 30 years (length of first mortgage). تُسجَّل المساعدة في مرتبة الرهن: 1. يحدد البرنامج شروط الإعفاء والسداد وقد تتغير؛ تحقّق منها في الصفحة الرسمية للبرنامج قبل التقديم.

Homeownership Program مفتوح أمام مشتري المنازل لأول مرة ومشتري المنازل الذين سيسكنون المنزل كمسكن رئيسي. لعبارة "لأول مرة" استثناءات هنا: Family must demonstrate need; current housing must be substandard, overcrowded, unaffordable, or inadequate. Bankruptcy look-back: 5 years out of Chapter 7; 1 year out of Chapter 13. بشأن الائتمان، ينص البرنامج على: No published minimum FICO. Habitat evaluates 'fiscal readiness' (steady employment, reasonable income, low debt, no recent bankruptcies). يلزم إكمال دورة لمشتري المنازل، عبر Habitat-required homebuyer education courses provided by Coastal Empire Habitat for Humanity. Topics include budgeting, home maintenance, and financial readiness. شرط الإقامة: Applicant must live or work in the Coastal Empire (Bryan, Chatham, or Liberty County, Georgia) for at least 12 of the preceding 24 months at the time of application submission. Property is located in the Coastal Empire region. الجنسية أو وضع الهجرة: Must be a legal resident of the United States. Applicant must live or work in the Coastal Empire (Bryan, Chatham, or Liberty County) for at least 12 of the preceding 24 months at the time of application submission. Must be a legal resident of the United States. Must demonstrate need for adequate, decent housing (current substandard, overcrowded, unaffordable, or inadequate housing). Must demonstrate fiscal readiness with steady employment, reasonable income, and low debt. Must be willing to partner with Habitat for Humanity Savannah by participating in a home site visit, completing sweat-equity hours, and attending homebuyer education courses. Must be dismissed (or out) for 5 years from Chapter 7 bankruptcy or 1 year from Chapter 13 bankruptcy. Family Selection Committee reviews applications and recommends partner families to the Board of Directors.

يحدد Homeownership Program دخل الأسرة بما لا يتجاوز 80% من الدخل الوسيط في المنطقة، وهو يختلف بحسب المقاطعة وحجم الأسرة. Household income must fall between 35% and 80% AMI for Chatham County (Savannah, GA MSA), per HUD limits. FY2025 80% AMI by household size: 1p $55,800; 2p $63,800; 3p $71,750; 4p $79,700; 5p $86,100; 6p $92,500; 7p $98,850; 8p $105,250. Applicant must show income between 35% and 80% AMI; insufficient income (below 35%) means inability to repay; above 80% disqualifies for Habitat program (referral to other programs). ينطبق الحد على إجمالي دخل الأسرة، وليس على دخل المقترض وحده. يذكر البرنامج حدًا أقصى لحجم الأسرة قدره 8. تنشر HUD أرقام الدخل الوسيط في المنطقة وتحدّثها سنويًا، لذا راجع الجدول الحالي للمقاطعة قبل الاعتماد على أي رقم.

يضع Homeownership Program حدًا لسعر الشراء على النحو التالي: Sales price equals Habitat's cost basis (construction/rehabilitation cost) which is typically below market value. Habitat takes a soft second mortgage to capture the gap between sales price and appraised value (recoverable on sale). تشمل أنواع العقارات المؤهلة Habitat-built or Habitat-rehabilitated single-family detached home in the Coastal Empire (typically Chatham County). المنازل حديثة البناء مؤهلة. المنازل الجاهزة (المصنّعة) غير مؤهلة.

يخدم Homeownership Program مشتري المنازل الذين يشترون في Savannah، Georgia. يستهدف البرنامج مناطق محددة: Coastal Empire region of Georgia: Bryan, Chatham, and Liberty Counties. Most builds are in Chatham County (Savannah).

تُقدَّم طلبات Homeownership Program عبر الجهة المسؤولة عن إدارة البرنامج، التي تنشر الشروط الحالية وخطوات التقديم على موقعها. تُحجز الأموال عبر Applicant submits Application via habitatsavannah.org/application.html. Family Selection Committee reviews based on need, ability to pay, and willingness to partner. If applicant meets minimum requirements, committee schedules a home visit at current residence. Final review and recommendation to Board of Directors. Hey Prescott ليست جهة إقراض ولا تقبل الطلبات؛ تصف هذه الصفحة البرنامج ليتمكن مشتري المنزل من عرضه على جهة إقراض أو مستشار إسكان.