Habitat for Humanity of Bowling Green/Warren County Homeownership Program

Habitat for Humanity of Bowling Green/Warren County Homeownership Program is down payment assistance for homebuyers in Bowling Green, Kentucky, administered by Habitat for Humanity of Bowling Green/Warren County. Habitat for Humanity of Bowling Green/Warren County partners with income-qualified families to become first-time homeowners. Homes are not free; the homebuyer purchases the home with an affordable mortgage with estimated monthly payments not to exceed 30% of gross monthly income, plus an estimated $2,500 in closing costs. Selection is based on three policies: ability to pay, willingness to partner (including sweat-equity Homeowner In Progress hours, workshops, and financial coaching), and need for adequate shelter. Applications are first come, first served when the cycle is open; the affiliate notes the next cycle is 2027. Affordable mortgage with payment capped at 30% of gross monthly income. Path to first-time homeownership with financial coaching and homeowner workshops. New-construction Habitat homes in Warren County.

Habitat for Humanity of Bowling Green/Warren County Homeownership Program is down payment assistance and is repaid under the terms set by Habitat for Humanity of Bowling Green/Warren County. 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 Bowling Green/Warren County 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: Minimum mid-credit score of 600. No bankruptcy within the last 18 months from discharge. No more than $3,000 in uncollected past-due bad debt; bad debt under $3,000 must be paid off prior to closing. A homebuyer education course is required, through Habitat for Humanity of Bowling Green/Warren County (homeowner workshops and financial coaching; one Homeowner Interest session required). Residency requirement: Must have lived or worked in Warren County for the previous 12 months. Citizenship or immigration status: Must be a Legal Permanent Resident or Citizen of the United States. staged by automated gap-finder from primary sources (habitatbg.org); verify on official source before publishing. Habitat program: mortgage rate/lien/forgiveness terms not published, so left blank rather than guessed. Application cycle currently CLOSED (next cycle 2027).

Habitat for Humanity of Bowling Green/Warren County Homeownership Program sets its income limit as follows: Household income must fall within published guidelines by family size, including wages, Social Security, disability, SSI, alimony, and child support for any household member. Published as MONTHLY gross income ranges by family size: 1 person $2,990 min/$3,979 max; 2 $2,850/$4,550; 3 $3,204/$5,117; 4 $2,847/$5,688; 5 $3,048/$6,146; 6 $3,497/$6,600; 7 $3,945/$7,050; 8 $4,393/$7,508. Larger households add 8% per additional member. One year of continuous income required. 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 Bowling Green/Warren County Homeownership Program can be used for Single Family. New construction is eligible. Manufactured homes are not eligible.

Habitat for Humanity of Bowling Green/Warren County Homeownership Program serves homebuyers purchasing in Bowling Green, Kentucky.

Applications for Habitat for Humanity of Bowling Green/Warren County Homeownership Program go through Habitat for Humanity of Bowling Green/Warren County, which publishes the current terms and the application steps on its own site. Funds are reserved through First come, first served during open application cycle; next cycle noted as 2027. 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.