Greeley-Weld Habitat for Humanity Homeownership Program

Greeley-Weld Habitat for Humanity Homeownership Program is a forgivable loan for homebuyers in Greeley, Colorado. Greeley-Weld Habitat for Humanity provides affordable homeownership to Weld County families through sweat equity (300 volunteer hours). Below-market mortgage; no traditional down payment required. Includes homeownership workshops covering money management, maintenance, and insurance. Affordable homeownership for Weld County low-income families. sweat equity (300 hours). below-market mortgage. community building. income 30-80% AMI. homeownership workshops included. Funding comes from Nonprofit, Federal, and Private.

Greeley-Weld Habitat for Humanity Homeownership Program is a forgivable loan, so the balance is forgiven once the program's conditions are met. Repayment is triggered by Sale and Refinance. The assistance is recorded in 1st Lien (Habitat mortgage) position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Greeley-Weld 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. A homebuyer education course is required, through Habitat homeownership workshops (money management, home maintenance, insurance, city codes). Residency requirement: State Resident. Citizenship or immigration status: U.S. Citizen or Permanent Resident. 150 hours of Family Partnership / sweat-equity Community Hours.

Greeley-Weld Habitat for Humanity Homeownership Program limits household income to 80% of the area median income, which varies by county and household size. Income 30-80% AMI; Weld County. 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.

Greeley-Weld Habitat for Humanity Homeownership Program caps the purchase price as follows: Habitat-built homes at affordable below-market prices. Eligible property types include Single Family. New construction is eligible. Manufactured homes are not eligible.

Greeley-Weld Habitat for Humanity Homeownership Program serves homebuyers purchasing in Greeley, Colorado. The program targets specific areas: Weld County (Greeley, Evans, Windsor, Eaton area).

Applications for Greeley-Weld Habitat for Humanity Homeownership Program go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through First-Come-First-Served. 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.