Wiregrass Habitat for Humanity Homeownership Program

Wiregrass Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Dothan, Alabama, administered by Wiregrass Habitat for Humanity, Inc. Wiregrass Habitat for Humanity is a nonprofit serving Dale, Henry, Geneva, and Houston counties that builds affordable homes for families in substandard housing. Selection is based on need, income/credit, and willingness to partner. Selected families invest at least 500 sweat-equity hours, attend required homebuyer education, make a $1,000 down payment, and repay an affordable Habitat mortgage. Affordable Habitat mortgage on a newly built home. Builds equity via sweat equity. Required homebuyer education. Replaces substandard housing. Funding comes from Wiregrass Habitat for Humanity, Inc. (nonprofit Christian housing ministry).

Wiregrass Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Wiregrass Habitat for Humanity, Inc.. Repayment is triggered by Affordable Habitat mortgage; monthly payments to repay the affordable loan. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Wiregrass Habitat for Humanity Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: No numeric minimum published; applicants must demonstrate adequate credit showing willingness to repay debts. A homebuyer education course is required, through Wiregrass Habitat for Humanity (homebuyer education workshops). Residency requirement: Serves Dale, Henry, Geneva, and Houston counties; applicants typically residing in substandard housing in the service area. Minimum 500 sweat-equity hours; willingness to partner; $1,000 down payment; must attend an Application Orientation to receive an application (call (334) 792-8453). Applicants must currently reside in substandard housing. GAP NOTE: published income table dated 2017 and likely outdated.

Wiregrass Habitat for Humanity Homeownership Program sets its income limit as follows: Families must have steady, verifiable income sufficient to meet existing debt plus a new mortgage payment, within Habitat's income guidelines by family size. The income table published on the site is labeled 'Year 2017 Guidelines' and appears outdated; current dollar limits not confirmed. 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.

Wiregrass Habitat for Humanity Homeownership Program can be used for Single Family. New construction is eligible. Manufactured homes are not eligible.

Wiregrass Habitat for Humanity Homeownership Program serves homebuyers purchasing in Dothan, Alabama.

Applications for Wiregrass Habitat for Humanity Homeownership Program go through Wiregrass Habitat for Humanity, Inc., 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.