Habitat for Humanity of Greater New Haven Homeownership Program

Habitat for Humanity of Greater New Haven Homeownership Program is a first mortgage for homebuyers in New Haven, Connecticut, administered by Habitat for Humanity of Greater New Haven. Habitat for Humanity of Greater New Haven prepares income-qualified households to purchase a home built or rehabbed by the affiliate. Accepted applicants complete homebuyer education and sweat-equity hours, then enter a random home-selection process. Selected buyers purchase the home with an affordable 30-year, 0% interest purchase-money mortgage that keeps payments within reach for households at 30-60% AMI. 0% interest 30-year first mortgage. Below-market home price. Homebuyer education and optional financial counseling. Sweat-equity pathway. Funding comes from Habitat affiliate (donations, recycled mortgage payments, donated materials/labor).

Habitat for Humanity of Greater New Haven Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity of Greater New Haven. The assistance is recorded in First position. 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 New Haven Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: Disqualified if currently own real estate or owned within the last three years. On credit, the program states: No numeric minimum; requires acceptable credit history; bankruptcies discharged at least two years. A homebuyer education course is required, through Habitat for Humanity of Greater New Haven. Residency requirement: Applicant must live or work in the service area for 12+ consecutive months (Greater New Haven towns incl. New Haven, Hamden, West Haven, Meriden, Milford, Branford, etc.). Citizenship or immigration status: U.S. citizen or permanent resident.

Habitat for Humanity of Greater New Haven Homeownership Program limits household income to 60% of the area median income, which varies by county and household size. Gross household income 30-60% of New Haven area median income (FY2025 HUD). Max 4p $90,950; includes income of all household members 18+. The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. 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 New Haven Homeownership Program can be used for Single Family. New construction is eligible.

Habitat for Humanity of Greater New Haven Homeownership Program serves homebuyers purchasing in New Haven, Connecticut.

Applications for Habitat for Humanity of Greater New Haven Homeownership Program go through Habitat for Humanity of Greater New Haven, which publishes the current terms and the application steps on its own site. Funds are reserved through Cyclical application rounds (multiple per year); 2025 round packets Aug 11-29, 2025. Random-draw home selection. 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.