Habitat for Humanity of Greater Birmingham Homeownership Program

Habitat for Humanity of Greater Birmingham Homeownership Program is down payment assistance for homebuyers in Fairfield, Alabama, administered by Habitat for Humanity of Greater Birmingham. Habitat for Humanity of Greater Birmingham builds and sells affordable homes to income-qualified families in Jefferson, Shelby, Walker, and St. Clair counties. Selected applicants partner with Habitat by completing homeowner education and sweat-equity hours, paying a $2,000 down payment, and purchasing the home with an affordable mortgage. Homeowners are chosen by a volunteer Family Selection Committee based on need, willingness to partner, and ability to repay. Affordable home built/rehabbed by Habitat. Affordable mortgage geared to ability to repay. Homeowner education workshops. Path to homeownership for low-to-moderate income families.

Habitat for Humanity of Greater Birmingham Homeownership Program is down payment assistance and is repaid under the terms set by Habitat for Humanity of Greater Birmingham. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Habitat for Humanity of Greater Birmingham Homeownership Program is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Habitat Birmingham homeowner education workshops (minimum 10 hours). Residency requirement: Must reside in Jefferson, Shelby, Walker, or St. Clair counties for at least one year before applying. Citizenship or immigration status: Must show proof of legal residency. Requires a minimum 250 sweat-equity hours and 10 hours homeowner education. Selection by volunteer Family Selection Committee (need, willingness to partner, ability to repay). Credit: no unpaid collections/judgments/liens; foreclosure/eviction at least 36 months old; bankruptcy discharged with 3 years established credit; verifiable income at least one year. GAPS (not published): assistance dollar amount, sale price, mortgage rate/term, lien position, min credit score, max purchase price, recapture/repayment triggers, manufactured/new-construction eligibility, HUD AMI year, income_limit_amount.

Habitat for Humanity of Greater Birmingham Homeownership Program limits household income to 80% of the area median income, which varies by county and household size. Total household income must fall within 40-80 percent of the Jefferson County area median income. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Habitat for Humanity of Greater Birmingham Homeownership Program can be used for Single Family.

Habitat for Humanity of Greater Birmingham Homeownership Program serves homebuyers purchasing in Fairfield, Alabama.

Applications for Habitat for Humanity of Greater Birmingham Homeownership Program go through Habitat for Humanity of Greater Birmingham, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.