Bayou Area Habitat for Humanity Homeownership Program

What is Bayou Area Habitat for Humanity Homeownership Program?

Bayou Area Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Thibodaux, Louisiana, administered by Bayou Area Habitat for Humanity.

• Bayou Area Habitat for Humanity serves Lafourche and Terrebonne parishes, partnering with families whose housing is inadequate and who cannot obtain adequate housing conventionally. Selected families help build and then purchase a Habitat home financed with an affordable mortgage (income 50%-80% of parish AMI). A sweat-equity / Habitat-mortgage model, not a cash down payment grant.
• Affordable Habitat mortgage.
• New/rehabilitated home.
• Homebuyer helps build.
• Equal-housing selection.
• Serves Lafourche & Terrebonne.
• Funding comes from Donations, volunteer labor, recycled mortgage payments.

Do you have to pay it back?

Bayou Area Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Bayou Area Habitat for Humanity.

• Repayment is triggered by Monthly affordable Habitat mortgage payments over loan term.
• 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.

Who qualifies?

Bayou Area Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Bayou Area Habitat for Humanity Homeownership Program limits household income to 80% of the area median income, which varies by county and household size.

• Annual income 50% (very low) up to 80% of median for Lafourche/Terrebonne. 2025 guidelines by family size (min-max): 1: $26,550-$42,400; 2: $30,300-$48,450; 3: $34,100-$54,500; 4: $37,850-$60,550; 5: $40,900-$65,400; 6: $43,950-$70,250; 7: $46,950-$75,100; 8: $50,000-$79,950.
• 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.

What kind of home can it be used for?

Bayou Area Habitat for Humanity Homeownership Program can be used for Single Family.

• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Bayou Area Habitat for Humanity Homeownership Program serves buyers purchasing in Thibodaux, Louisiana.

How do you apply?

Applications for Bayou Area Habitat for Humanity Homeownership Program go through Bayou Area Habitat for Humanity, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Bayou Area Habitat homeowner education / informational meetings.

2. 2

   Contact Bayou Area Habitat for Humanity to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.